Cullumber Corp.'s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling S55,500 units of product: sales S2,777,500, total costs and expenses $2,869,375, and net loss $91,875. Costs and expenses consisted of the amounts shown below. Total Variable Fixed Cost of goods sold Selling expenses $2,358,315 $1,905,365 $452,950 102,212 175,538 157,762 $2,869,375 2,083,125 $786,250 277,750 233,310 Management is considering the following independent alternatives for 2021 1. Increase unit selling price 25% with no change in costs, expenses, and sales volume. 2. Change the compensation of salespersons from fixed annual salaries totaling $166,650 to total salaries of $66,660 plus a 5% commission on sales. Compute the break-even point in dollars for 2020. Break-even point Click if you would like to Show Work for this question: QRen Show Work By accessing this Question Assistance, you wll learn while you earn points based onthe Point Potential Policy set by your instructor. Attempts: 0 of 15 used