Haley manufactures a product that sells very well. The capacity of her facility is 299,000 units per year. The fixed costs are $113,000 per year and the variable costs are $10 per unit. The product currently sells for $18.

a.What total revenue is required for a net income of $462,000 per year?

Round to the nearest cent

b.If sales were at 75% of the capacity and the variable costs decreased by 25%, what would be the net income per year?

Round to the nearest cent