Below is an income statement for XYZ Company:

Sales	$300,000
Variable costs	(120,000)
Contribution margin	$180,000
Fixed costs	(100,000)
Net Income	$ 80,000

Based on the cost and revenue structure on the XYZ income statement, what was the break-even point in sales dollars (using the Y-formula)?

a. $66,667

b. $166,667

c. $50,000

d. $150,000

What was the XYZ's margin of safety (rounded to the nearest whole number)? a. 24% b. 34% c. 44% d. 54%