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9. Last year Easton Corporation reported sales of $840,000, a contribution margin ratio of 40% and a net loss of $36,000. Based on this information,

9.

Last year Easton Corporation reported sales of $840,000, a contribution margin ratio of 40% and a net loss of $36,000. Based on this information, the break-even point was:

$750,000
$1,020,000
$876,000

$930,000

Please show work, which is correct?

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