Ivanhoe Corp's sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 515,500 units of product sales $2.577,500, total costs and expenses $2,673,960, and net loss $96,460. Costs and expenses consisted of the amounts shown below. Total Variable Fixed Cost of goods sold $2,199,700 $1,690,840 $508,860 Selling expenses 257,750 94,852 162,898 Administrative expenses 216,510 70,108 146,402 $2,673,960 $1,855,800 $818,160 Management is considering the following independent alternatives for 2021 1 Increase unit selling price 20% with no change in costs, expenses, and sales volume 2. Change the compensation of salespersons from fixed annual salaries totaling $154,650 to total salaries of $61,860 plus a 4% commission on sales. Compute the contribution margin under each of the alternative courses of action. Contribution margin for alternative 1 Contribution margin for alternative 2 % % Compute the break-even point in dollars under each of the alternative courses of action. Break-even point for alternative 1 $ Break-even point for alternative 2 $ Which course of action do you recommend