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Maria has proposed a plan to get the partnership out of the red and improve its profitability. She feels that the quality of the product

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Maria has proposed a plan to get the partnership "out of the red" and improve its profitability. She feels that the quality of the product could be substantially improved by spending $0.32 more per unit on better raw materials. The unit selling price could be increased to $5.25. Maria estimates that sales volume would increase by 25%.
Compute net income under Maria's proposal and the break-even point in sales dollars. (Round intermediate calculations to 2 decimal places, e.g.15.25 and break-even point in sale to 2 decimal places, e.g.2,520.25.)
\table[[Net income,],[Break-even point in sales,$
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