Compute the break-even point in dollars under each of the alternative courses of action for 2017.

Please help me solve Part B questions 1 through 3! Thank you.

Midlands Inc. had a bad year in 2016. For the first time in its history, it operated at a loss. The company's income statement showed the following results from seling 75,000 units of product: net sales $1,500,000; total costs and expenses $1,620,000; and net loss $120,000. Costs and expenses consisted of the following. Total Variable Fixed Cost of goods sold Selling expenses Administrative expenses $956,000 516,000 148,000 $1,620,000 $451,000 91,000 S8,000 $600,000 $505,000 425,000 90,000 $1,020,000 Management is considering the following independent alternatives for 2017 1. Increase unit selling price 30% with no change in costs and expenses. 2. Change the compensation of salespersons from fixed annual salaries totaling 205,000 to total salaries of $35,000 plus a 5% commission on net sales. 3. Purchase new high-tech factory machinery that will change the proportion between variable and fixed cost of goods sold to 50:50. (a) Compute the break-even point in dollars for 2016. (Round contribution margin ratio to 2 decimal places e.g. 0.25 and final answer to 0 decimal places, e.g. 2,510.) Break-even point (b) Compute the break-even point in dollars under each of the alternative courses of action for 2017. (Round contribution margin ratio to 4 decimal places e.g. 0.2510 and final answers to O decimal places, e.g. 2,510.) 1700000 Break-even point 1. Increase selling price 2. Change compensation 3. Purchase machinery Alternative 1