Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income statement for the current year is presented below. Sales $1,710,000 Cost of sales: Direct material Direct labor $280,000 180,000 79,500 130,000 Variable overhead Fixed overhead 669,500 $1,040,500 Gross profit Selling and general & admin. Exp. Variable 230,000 280,000 Fixed 510,000 Operating income $ 530,500 For the coming year, the management of Gardner Corporation anticipates a 10 percent increase in sales, a 12 percent increase in variable costs, and a $48,000 increase in fixed costs. The break-even point for next year (rounded to the nearest dollar) would be: (Do not round intermediate calculations.) Multiple Choice $845,302. $978,378. $330,293. $549,000