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Cost Volume Profit Analysis. Write your final answer for each question on the line provided. Show your work for potential partial credit. Ocean View Inc. operates six retail specialty furniture stores in the Mid Atlantic geographic area. Monthly fixed costs for Ocean View Inc. averages a total of $180,000. Management is considering a variety of changes in the firm's cost structure and your assistance is needed to examine the potential financial impacts of the prospective changes. The firm's average federal/state tax rate is 30%, the average variable cost ratio is 55%, and due to the challenges of finding a sufficient number of reliable employees, the firm is considering changes to the employee compensation structure. Questions - 1. Given the current cost structure, what is the dollar amount of monthly sales needed to reach a monthly breakeven NOI? 2. Given the current cost structure, what is the dollar amount of monthly sales needed to reach a monthly NOI equal to 10% of monthly sales? 3. Given the current cost structure, what is the dollar amount of monthly sales needed to reach a monthly after-tax net income of $40,000? (For question 4) Management is considering increasing mo Ihly fixed salaries for the employees of the corporation by $15,000 OR reducing monthly fixed salaries by $10,000 and starting a monthly employee bonus pool that will be equal to 4% of monthly total sales. Identify and quantify key outcomes for each of the proposed change options. Support your answer with the appropriate calculations and commentary