Elmecomp lattD Score: 0 of 1 pt 4015(1 complete) HW Score: 28.43%, 1.42 of P7-67B (similar to) Question Help Planning Partners Investors is opening an office in Ann Arbor, Michigan. Fixed monthly expenses are office rent ($2,500), depreciation on office furniture ($260), utilities ($250), special telephone lines ($600), a connection with an online brokerage service ($640), and the salary of a financial planner ($1,750). Variable expens include payments to the financial planner (10% of revenue ade tising 5% of revenue supplies and postage (2% of revenue and usage fes for the telphone lines and computerized brokerage service (23% of revenue). Read the requirements Requirement 1. Compute the investment firm's breakeven revenue in dollars. If the average trade leads to $500 in revenue for Planning Partners, how many trades must it make to breakeven? First identify the formula to calculate the breakeven point in dollars. Breakeven sales