Alen Company solis flags with leam logos. Allon has foxed costs of $792,000 por yoar plus variablo costs of $15,40 per flag. Each flag sella for $22.00. Read the renaidements. Requirement 1. Use the equation approach to compute the number of flags Allon must selt each year to broak even. First, select the formula to compute the required sales in units to break oven. = Target profit Requirements 1. Uso the equation approach to compula the number of flage Allen must sell each year to break even 2. Use the contribution margin rato approach to compute the dollar sales Allen needs to eam $33,000 in operating income for the year. (Round the contribution margin ratio to two decimal places.) 3. Prepare Allen's contribution margin income statement for the year anded Decomber 31 , for nales of 113,000 Hlags. (Round your final answers up to the next whole number.) 4. The company is considering an exponsion that will increase fixed costs by 20% and variable conts by $220 per flag. Compute the new broakeven point in units and in doliars. Should Alen undertake the expansion? Give your feasoning (Round your final answers up to the next whole number)