Chi Omega Sorority is planning its annual Riverboat Extravaganza. The Extravaganza committee has assembled the following expected costs for the event: Dinner................................................................. $7 Favors and program(per person)........................... $3 Band..................................................................... $1500 Tickets and advertising....................................... $700 Riverboat Rental.................................................. $4,800 Floorshow & strolling entertainers..................... $1000 The committee members would like to charge $30 per person for the evenings activities. 1. Compute the break-even point for the Extravaganza (in terms of the number of persons that must attend). (part 1 of a 3 part question)