Jones Corp., a manufacturer of tennis balls, has provided you with the following information:

Jones Corp.

Income Statement

For the Year Ended December 31, 2020

Sales	$719,000
Variable expenses	433,000
Contribution margin	$287,000
Fixed expenses	215,000
Net Income Before Tax	$71,000
Income tax expense	16,000
Net Income	$55,000

Required 1:

If Jones produced and sold 7,740 units in 2020, what is Jones' break-even point in units?

Break-even Units: Answer

Supporting Work: Answer

Required 2:

If Jones wants to earn net income after tax of $80,000, how many units must Jones sell?

Units: Answer

Supporting Work: Answer