Inception Industries is planning on purchasing a new piece of equipment that will increase the quality of its production. It hopes the increased quality will generate more sales. The company's contribution margin ratio is 50%, and its current breakeven point is $450,000 in sales revenue. If the company's fixed expenses increase by $35,000 due to the equipment, what will its new breakeven point be (in sales revenue)? If Inception Industries' fixed expenses increase by $35,000 due to the equipment, what will its new breakeven point be in sales revenue)? Begin by identifying the general formula to compute the breakeven sales in dollars. Breakeven sales in dollars