Holidays Corporation had sales $3.810,000, the contribution margin ratio 0.4 and a fixed expense $1,204 last year. The tax rate for Holidays is 35%. Required: (1) Compute the sales revenues that ensure the after-tax profit $1,170. (2) If sales revenues are 30% less than expected, by what percentage will profits increase or decrease? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).