Break-Even in Sales Revenue, Changes in Variabies Carmichael Corporation is in the process of preparing next year's budget. The pro forma income statement for the current year is as follows: 1. What is the break-even sales revenue for Carmichael Corporation for the current year? In your calculations, carry the contribution margin ratio to two decimal places, 1 2. For the coming year, the management of Carmichael Corporation anticipates an 8 percent increase in vanable costs and a 560,000 increase in fixed expenses. What is the break-even point in dollars for next year? In your computation, round the contribution margin ratio to four decimal places. Round your final answer to the nearest dollar. (CMA adopted)