$($a$)$ What is net operating income?

Note: Negative amount should be indicated by a minus sign.

Net operating income $($loss$)$

$($b$)$ By what percentage did the net operating income increase?

Percentage increase in net operating income

Thad Morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the Western Hombre brand of cycle that

was popular in the $1930$ s$.$ The retro$-$look cycle would be sold for $$13,000,$ and at that price, Thad estimates he could sell $100$ units

each year. The variable cost to produce and sell the cycles would be $$9,100$ per unit. The annual fixed cost would be $$370,500.$

a$.$ What is the break$-$even in unit sales?

Break$-$even in unit sales

b$.$ What is the margin of safety in dollars?

Margin of safety in dollars