Complete the income statement below and then answer the following questions.

Round currency to the nearest dollar and label amounts as appropriate ($), use commas, and enter expenses as negative values using paranthesis ().

Revenue Freight-in Purchases Sales commission Total variable costs Contribution margin Advertising Depreciation Finance costs Leasing Office salaries Office supplies Salaries (selling) Traveling Total fixed costs Net profit 1. What is the PV ratio? Round to the nearest ten thousandths (3 place values). 2. What is the cash break-even point? 3. What is the break-even point in revenue? With the following information, answer the following questions. Advertising Depreciation Freight in Finance costs Leasing Office salaries Office supplies Purchases $ 20,000 50,000 17 ,000 18,000 9,000 40,000 5,000 Salaries (selling) Sales commission. Revenue 250,000 65,000 26,000 550,000 7,000 Travelling Complete the income statement below and then answer the following questions. Round currency to the nearest dollar and label amounts as appropriate ($), use commas, and enter expenses as negative values using paranthesis ()