Citrus company is evaluating 2 independent strategies designed to enhance profitability. You need to refer to the original cost structure to evaluate these two independent strategies as outlined in #9 and #10. 9. Strategy #1. This strategy is to purchase more automated processing equipment. This strategy would increase fixed costs by $100,000 This strategy would decrease variable costs to 25% of sales What is the break-even point in sales dollars for strategy #1? 75% Break-even point $133,333.33 Prepare an updated Contribution margin income statement based on strategy #1 at the current sales level. Sales Less Variable costs Contribution margin Less Fixed costs Profit