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Coronado Industries has fixed costs of $550000 and variable costs are 60% of sales. How much will Coronado report as sales when its net income

Coronado Industries has fixed costs of $550000 and variable costs are 60% of sales. How much will Coronado report as sales when its net income equals $56000? $1431000 O $1515000 $363600 $1010000
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Coronado Industries has fixed costs of $550000 and variable costs are 60% of sales. How much will Coronado report as sales when its net income equals $56000? $1431000 $1515000 $363600 $1010000

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