48) No More Standing is a retailer of office chairs located in San Francisco, California. Due to increased market competition, the CFO of No More Standing has grown worried about the firm's upcoming income stream. The CFO asked you to use the company financial information provided below. The annual breakeven point, in dollar sales, is: A) $1,300,000. B) $1,500,000. C) $1,100,000. D) $1,600,000. E) $1,800,000