Jason Wong started Melbourne Tours, provides exclusive touring experiences for international and interstate travellers. The business is growing significantly after COVID.

Jason wants to analyse the profitability of the business to investigate options for the future. He provides you with some details of last year operations:

Lease costs per annum on minivans	$25,000
Total trip costs (petrol for vans food for passengers a promotional t-shirt for each passenger) for the year	$35,000
The contribution margin per trip	$2,000
The contribution margin ratio	36.37%

Trips are not conducted unless all seats for that trip are filled.

Required:

1. Calculate the required revenue in order to Break Even in both $ dollars and trips/units (show workings)

2. Calculate the profit / loss that Jason achieved in the last year (show workings)