32. CVP and Sensitivity Analysis (Single Product). Madera Company has annual fixed costs totaling $120,000 and variable costs of $3 per unit. Each unit of product is sold for $15. Madera expects to sell 12,000 units this year (this is the base case).

1. Find the break-even point in units.
2. How many units must be sold to earn an annual profit of $50,000? (Round to the nearest unit.)
3. Find the break-even point in sales dollars.
4. What amount of sales dollars is required to earn an annual profit of $70,000?