Marigold Corp.s CEO wants a Margin of Safety that is 25% of Sales Revenue next year. Marigolds fixed costs are $710,000 and its average Contribution Margin (CM) per unit is $37. Marigold will make and sell one product with a market price of $240.00 per unit.

a) Calculate the Sales Revenue that Marigold needs to break even next year (round to nearest $1).

b) Calculate Sales Revenue needed to achieve a Margin of Safety of 25% next year. (round to nearest $1).

[PLEASE SHOW ALL THE CALCULATIONS]