A company sells smart phones for $180. The unit variable cost per phone is $22 plus a selling commission of 10%. Fixed manufacturing costs total $5,600 per month, while fixed selling and administrative costs total $2,100. How many phones must be sold to avoid a loss on the companys income statement?

A) 55 phones

B) 62 phones

C) 70 phones

D) 45 phones

E) 80 phones