A sporting goods manufacturer lost $400,000 on sales of $3 million in a year during the last recession. The production lines operated at only 60% of capacity during the year. Variable costs represent one-third of the sales dollars. a) At what percent of capacity must the firm operate in order to break even? b) What would its net income be at 80% of capacity? c) What dollar sales would generate a net income of $700,000? d) How much does each additional dollar of sales increase the net income? e) How much does every $1 increase in fixed costs raise the break-even sales