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Blossom Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a commission of 21% of sales.

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Blossom Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a commission of 21% of sales. The income statement for the year ending December 31, 2022, is as follows. BLOSSOM BEAUTY CORPORATION Income Statement For the Year Ended December 31, 2022 Sales $70,800,000 Cost of goods sold Variable $29,028,000 Fixed 8.840,000 37,868,000 Gross profit $32.932,000 Selling and marketing expenses Commissions $14,868,000 Fixed costs 10,570,400 25,438,400 Operating income $7,493,600 The company is considering hiring its own sales staff to replace the network of agents. It will pay its salespeople a commission of 9% and incur additional fixed costs of $8,496,000 Calculate the estimated sales volume in sales dollars that would generate an identical net income for the year ending December 31, 2022, regardless of whether Blossom Beauty Corporation employs its own sales staff and pays them an 9% commission or continues to use the independent network of agents Estimated sales volume $

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