(Break-even analysis) You have developed the income statement in the popup window, for the Hugo Boss Corporation. It represents the most recent year's operations, which ended yesterday. Your supervisor in the controller's office has just handed you a memorandum asking for written responses to the following questions: i a. What is the firm's break-even point in sales dollars? b. If sales should increase by 30 percent, by what percent would earnings before taxes (and net income) increase? Data Table a. What is the firm's break-even point in sales dollars? $50,595,305 Sales $ 26868414 (Round to the nearest dollar.) Variable costs (27,328,000) $23,267,305 Revenue before fixed costs b. If sales should increase by 30 percent, by what percent would earnings before taxes increase? Fixed costs (12,356,000) $10,911,305 (Round to two decimal places.) EBIT Interest expense (1,816,987) $9,094,318 Earnings before taxes Taxes at 35% (3,183,011) Net income $5,911,307 Print Done