(a) What is net operating income? (Negative amount should be indicated by a minus sign.) (b) By what percentage did the net operating income increase? 5. Thad Morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the Western Hombre brand of cycle that was popular in the 1930s. The retro-look cycle would be sold for $11,000 and at that price, Thad estimates 500 units would be sold each year. The variable cost to produce and sell the cycles would be $7,700 per unit. The annual fixed cost would be $1,485,000. a. What is the break-even in unit sales? (a) What is net operating income? (Negative amount should be indicated by a minus sign.) (b) By what percentage did the net operating income increase? 5. Thad Morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the Western Hombre brand of cycle that was popular in the 1930s. The retro-look cycle would be sold for $11,000 and at that price, Thad estimates 500 units would be sold each year. The variable cost to produce and sell the cycles would be $7,700 per unit. The annual fixed cost would be $1,485,000. a. What is the break-even in unit sales