Exercise $3-48($Static$)$ CVP With Income Taxes $($LO $3-4)$

Gardendale Associates offers landscape consultations, where they provide design advice and plans to residential customers. A single consultation is priced at $$750\mathrm{.}00.$ The variable costs of a consultation total $$330\mathrm{.}00$ consisting mostly of labor and supplies. Annual fixed costs are $$102,900.$ Gardendale Associates is subject to an income tax rate of $24$ percent.

Required:

a$.$ What total revenue does Gardendale have to generate from selling consultations to break even?

b$.$ What total revenue does Gardendale have to generate from selling consultations to earn an annual operating profit of $$106,400$ after taxes?

Break$-$even revenue

Required revenue