Diana and Donna, twin sisters, loved to bake and sold their pastries at the local farmers' market, concentrating their efforts on producing and selling mini scones using their grandmother's recipe. Their scones were quite popular prompting the sister to seriously consider converting this hobby to a business. 5. Diana and Donna decided they needed to know more about business and asked June to introduce them to others who started small and have grown successfully. So, June introduced them to Bobby who started making credenzas in her basement and now runs a medium-sized business. Bobby charges $3,000 per credenza with variable costs of $1,200 and fixed costs of $1,400,000. Required: If the tax rate is tax rate is 25% how many credenzas need to be sold for Bobby to earn net income of $300,000