Head-First Company plans to sell 5,100 bicycle helmets at $78 each in the coming year. Variable cost is 58% of the sales price; contribution margin is 42% of the sales price. Total fixed cost equals $51,240 (includes fixed factory overhead and fixed selling and administrative expense).

	Required:
1.	Calculate the sales revenue that Head-First must make to break even by using the break-even point in sales equation.
2.	Check your answer by preparing a contribution margin income statement based on the break-even point in sales dollars.