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Flounder Kars provides shuttle service between four hotels near a medical center and an international airport. Flounder Kars uses two 10-passenger vans to offer 12

Flounder Kars provides shuttle service between four hotels near a medical center and an international airport. Flounder Kars uses two 10-passenger vans to offer 12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statement is shown below.

Fare revenues (1,340fares)

$26,800Variable costs

Fuel

$4,824

Tolls and parking

2,412

Maintenance

804

8,040Contribution margin

18,760Fixed costs

Salaries

12,640

Depreciation

1,050

Insurance

800

14,490Net income

$4,270

(a1)

Calculate the break-even point in dollars.

Break-even point

$

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