Located below is a sample from the income statement for Walkout Ltd. Sales revenue Cost of sales Gross Profit 200,000 (110,000) 90,000 Selling expenses General expenses Depreciation Salaries and wages Operating Profit (15,500) (20,000) (12,000) (7,000) 35,500 Based on the financial information presented above, compute the break even volume for Walkout Ltd. Assume that sales revenue is $100 per unit and that Cost of sales is variable and all other costs are fixed costs. Based on the financial information presented above, and the assumptions contained in part c), compute the volume of sales required to produce a profit after tax of $70,000. Assume a tax rate of 30%