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Goro Sombrero is considering opening a stand in a mall to sell caps. He wants to know how many caps he has to sell to

Goro Sombrero is considering opening a stand in a mall to sell caps. He wants to know how many caps he has to sell to break even. The caps would sell for $ 20, variable costs of $ 12 per cap, and the annual fixed costs are $ 50,000. How many caps does he have to sell annually to break even? What would be the total operating costs to break even? If Goro estimates that the least that business sells is 950 caps per month, should he start the business? What would be the net profit before income tax that Goro would have if he sold 950 caps per month? 

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