Gorham Manufacturing's sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 56,000 units of product: net sales $1.792,000; total costs and expenses $2,006,528; and net loss $214,528. Costs and expenses consisted of the amounts shown below: Total Variable Fixed Cost of goods sold $1,369,528 $986.560 $382,968 Selling expenses 470,000 126,000 344,000 Administrative expenses 167,000 106,000 61,000 $2,006,528 $1,218,560 $787,968 Management is considering the following independent alternatives for 2021. 1. Increase the unit selling price by 25% with no change in costs, expenses, or sales volume. 2. Change the compensation of salespersons from fixed annual salaries totalling $217,000 to total salaries of $22,000 plus a 5% commission on net sales. 3. Purchase new high-tech factory machinery that will change the proportion between variable and fixed cost of goods sold to 50:50. (a) Your answer is incorrect. Calculate the break-even point in dollars for 2020. Break-even point $