Based on the relationships in CVP Limiteds 2020 Income Statement, answer each of the following for questions. Each question is independent of the others. Calculate the breakeven point in Units. Round any partial units up. (2 marks) Calculate the sales dollars rounded to the nearest dollar needed to increase operating income by $100,000. Ignore minor rounding difference in your answer. - i.e. increase operating income by $99,950 to $100,050. (2 marks) To the nearest dollar what would sales revenue need to be to earn net income of $175,000. Ignore minor rounding differences - i.e. net income can range from $149,900 to $150,100 ( 3 marks) Assuming there will be no interest expense, determine the necessary units to be produced and sold to earn net income of $150,000. Ignore minor rounding differences - i.e. round up the units to be within the range from $149,900 to $150,100. (3 marks) Data Set CVP Limited Income Statement for the Year Ended December 31, 2020 Units produced and sold 10,000 Sales $1,000,000 Direct Material 140,000 Direct Labour 50,000 Variable Manufacturing Overhead 40,000 Fixed Manufacturing Overhead 399,992 Gross Margin 370,008 Fixed Selling General and Administrative Expense 130,000 Variable Selling General and Administrative Expense 50,000 Operating Income 190,008 Interest Expense 57,000 Net Income before Taxes 133,008 Income Tax Expense at 30% Rounded 39,900 Net Income $93,108