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$990,000 $405,000 $1,800.000 $1,395,000 Derst Incorporated sells a particular textbook for $31. Variable expenses are $22 per book. At the current volume of 45,000 books

  1.  $990,000 

  2. $405,000 

  3. $1,800.000 

  4. $1,395,000

Derst Incorporated sells a particular textbook for $31. Variable expenses are $22 per book. At the current volume of 45,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:

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