( Break-even-point and operating-leverage )Footwear Inc. manufactures a complete line of men's and women's dress shoes for independent merchants. The average selling price of its finished product is $85 per pair. The variable cost for this same pair of shoes is $58 Footwear Inc. incurs fixed costs of $170,000 per year.

c. What would be the firm's profit or loss at the following units of production sold:

7000 pairs of shoes?

9,000 pairs of shoes?

15,000 pairs of shoes?