I need held determinig how to get to the target net income total

Homework: Chapter 3 Assignment core: 3.57 of 15 pts 2 of 6 (2 complete) HW Score: 18.57%, 18.57 of 10 E3-27 (book/static) Question Help The Home Style Eats has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $430,500 per year. Service varies from a cupm of coffee to full meals. The average sales check per customer is $8.75. The average cost of food and other variable costs for each customer is $3.50. The income tax rate is 36%. Target net income is $117,600 Requirements 1. Compute the revenues needed to earn the target net income. 2. How many customers are needed to break even? To earn net income of $117,600? 3. Compute net income if the number of customers is 170,000. Requirement 1. Compute the revenues needed to eam the target net income. Using the equation method, select the basic formula used to compute the revenues needed to eam the target net income. Target net income 1-Tax rate Revenues Variable costs Fixed costs 1,023,750 The revenues needed to earn the target net income is $ Requirement 2. How many customers are needed to break even? To earn net income of $117.600? Determine the formula that is used to compute how many customers are needed to break even, then compute the number of customers needed. Customers needed to break even Choose from any drop-down list and then click Check Answer Check Answer parts remaining Clear All