Hello, I need help with 4-34. All help is appreciated.

CASE 4-34 Cost Structure: Break-Even Point: Target Profits ILO4. LOS. LOG Crescent Corporation manufactures multi-function photocopiers that are sold to through a network of independent sales agents located in the United States and sales agents sell a variety of products to businesses in addition to Crescents the product I Canada. These ti-function mision rate was used when Crescent's management prepared the following budgeted incan statement for the upcoming year t copiers. The sales agents are currently paid a 19% commission on sales andt undo Sales Cost of goods sold Variable Foed Gross margin Selling and administrative expenses Fixed administrative expense Operating income... s 350000 Since the completion of the above statement. Crescent's management has learned that the independent sales agents are demanding an increase in the commission rate to 22%of sales for the upcoming year. This would be the third increase in commissions demanded by the independent sales agents in five years. As a result. Crescent's management has decided to investigate the possibility of hiring its own sales staff to replace the independent sales agents Crescent's controller estimates that the company would have to hire six salespeople to cover the current market area, and the total annual payroll cost of these employees would be about $350,000. including benefits. The salespeople would also be paid commissions of 12d sales. Travel and entertainment expenses are expected to total about s200.000 for the year. The y would also have to hire a sales manager and support staff, whose salaries and bent fits would total $100,000 per year. To make up for the promotions that the independent agents had been running on behalf of Crescent, management believes that the companys get for fixed advertising expenses should be increased by $250.000. Required 1. Assuming sales of $15,000.000, construct a budgeted contribution format income stale ment for the upcoming year for each of the following alternatives: a. The independent sales agents commission rate remains unchanged at 19%. b. The independent sales agents' commission rate increases to c. The company employs its own sales force. Crescent Corporation's break-even point in sales dollars for the upcoming assuming the following a. The independent sales agents commission rate remains unchanged at 19%. 1e The independent sales agents' commission rate increases to 22%. The company employs its own sales force. c