Answer the Question below please with Explanation please - Type it here please not pictures ( please explain it Briefly )

Question Three: Problem Solving (2) (8 Marks) Digital Company makes and sells mini calculators. The variable cost of each calculator is $20. The calculators are sold for $30 each. Fixed operating expenses amount to $40,000. Required: 1. Determine the break-even point in units and sales dollars. 2. Determine the sales volume in units and dollars that is required to attain a profit of $12.000. Verify your answer by preparing an income statement using the contribution margin format. 3. Determine the margin of safety between sales required to attain a profit of $12.000 and break-even sales