8 of 8 (7 complete) team logos. White has fixed costs of $630,000 per year plus variable costs of $7.00 per flag. Each flag n ap ute t Requirements mine ell on cin th ar 1. Use the equation approach to compute the number of flags White must sell each year to break even. 2. Use the contribution margin ratio approach to compute the dollar sales White needs to earn $7,000 in operating income for 2018. (Round the contribution margin ratio to two decimal places.) 3. Prepare White's contribution margin income statement for the year ended December 31, 2018, for sales of 81,000 flags. (Round your final answers up to the next whole number.) 4. The company is considering an expansion that will increase fixed costs by 40% and variable costs by $1.40 per flag. Compute the new breakeven point in units and in dollars. Should White undertake the expansion? Give your reasoning. (Round your final answers up to the next whole number.) Co bm tatement Print Done umber in the input fields and then continue to the next question. MAY 5 fla