Gary's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $610,000 and a contribution margin of 75% of revenues Read the roquiremonts. Requirement 1. Compute Gary's Steel Parts monthly breakeven sales in dollars. Begin by identifying the forrmula. Operating income+ Fixed expenses Contributian margin ratio Breakeven sales in dollars Compute Gary's Steel Parts' monthly breakeven sales in dollars. (Round your answer up to the nearest whole number.) The breakeven sales in dollars ia $ 813,334 Requirement 2. Use the contribution margin ratio to project operating income (or loss) if revenues are $530,000 and if they are $1,020,000. First, select the labels to calculate projected aperating income. Then, calculate prajected income (or loss) if revenues are S530,000. Finally, calculate projected income (or loss) if revenues are S1,020,000. (Enter the contribution margin ratio as a whole percent. Enter losses with a minus sign or parentheses.) Gary's Steel Parts Operating Income Projection at Different Sales Levels 1. 2. Copute Gary's Steel Parts' monthly breakeven sales in dollars. Use the contribution margin ratio to project operating income (or loss) revenues are $530,000 and if they are $1,020,000 Do the results in Requirement 2 make sanse given the breakeven sales you computed in Requirement 1? Explain. 3. Print Done Operating income (loss)