Homework: HW - Chapter 3 Save Score: 0 of 7 pts 5 of 14 (3 complete) HW Score: 11.54%, 11.54 of 100.. E3-26 (similar to) Question Help Garrett Motors is a small car dealership. On average, it sells a car for $25,000, which it purchases from the manufacturer for $21,000. Each month, Garrett Motors pays $69,600 in rent and utilities and $66,000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $400 for each car they sell. Garrett Motors also spends $12,000 each month for local advertisements. Its tax rate is 40%. as Read the requirements. sel Requirement 1. How many cars must Garrett Motors sell each month to break even? ple Let's begin by de A Requirements Breakeven nun 1. How many cars must Garrett Motors sell each month to break even? 2. Garrett Motors has a target monthly net income of $54,000. What is its targeted monthly operating income? How many cars must be sold each month to reach the target monthly net income of $54,000? in avi otors mu: Print Done bok urert sal Choose from any drop-down list and then click Check Answer 5600