I need help with this problem please

Hoffman Company and Kaeding Company are competing firms that offer limousine service from the Chicago airport. While Hoffman pays most of its employees on a per-ride basis, Kaeding prefers to pay its employees fixed salaries. Information about the seling prices per ride and cost structures of the two firms is given below Requirements (a) Calculate the breakeven point in the number of rides for both firms. (b) Draw two graphs plotting profit as a function of the number of rides for the two firms. (c) Explain which firm's cost structure is more profitable (d) Explain which firm's cost structure is riskier. EE (Click the icon to view the information.) Requirement (a) Calculate the breakeven point in the number of rides for both firms. Determine the formula, then calculate the breakeven point for Hoffman Company and Kaeding Company. - Breakeven point Hoffman Kaeding Cost Category Hoffman Company Kaeding Company Selling price per ride 29 29 Variable cost per ride 13 24 Contribution margin per ride 16 $ 325,000 $ 1,480,000 Fixed costs per year