Head-First Company plans to sell 5,200 bicycle heimets at $80 each in the ocming year. Varable cost is 54% of the sales price; contribution margin is 46% of the salos price. Total fxod cost equals $56,350 (includes fored factory overhead and fixed selling and adminiatrative expense) Aoquired: 1. Calculate the sales revenue that Head-First must make to break even by using the break-oven point in sales equation. 2. Check your answer by preparing a contribution margin income statement based on the break-even point in sales dollars. Refer to the list below for the exact wording of text items within your income statement. Amount Descriptions Operating income Operating loss Sales Total contribution margin Total fixed cost Total variable cost 2. Check your answer by preparing a contribution margin income statoment based on the break-even point in sales dollars. Refer to the Isst of Amount Descriptons for the exact wording of text ieers within your income statement. Sales Revenue 1. Caleulate the sales revenue that Head-First must make to break even by using the break-even point in sales equation