Head$-$First Company plans to sell $4,400$ bicycle helmets at $$72$ each in the coming year. Variable cost is $56\%$ of the sales price; contribution margin is $44\%$ of the sales price. Total fixed cost equals $$54,560($includes fixed factory overhead and fixed selling and administrative expense$).$

Required:

Calculate the sales revenue that Head$-$First must make to break even by using the break$-$even point in sales equation.

Check your answer by preparing a contribution margin income statement based on the break$-$even point in sales dollars.