Coney Adventures Inc. sells one product for $5. The variable cost per item is $3, and the fixed costs for the firm are $40. 1. Compute the breakeven point in units. 2. Compute the number of units and sales revenue needed to achieve a $20 profit. Ignore income taxes.) 3. Assume that the income tax rate for Redlands is 40%. Compute the number of units and sales revenue needed to achieve an $18 net profit. 4. Compute the number of units and sales revenue needed to achieve an 8% profit margin. (Ignore income taxes.)