Matoaka Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $41 throughout the country to loyal alumni of over 3,700 schools. Matoakas variable costs are 41% of sales; fixed costs are $144,255 per month.Calculate contribution margin ratio is .59.What is Matoakas annual breakeven point in sales dollars?(2,934,000)what is the operating income if Matoaka currently sells 141,000 blankets per year. If sales volume were to increase by 17%, by how much would operating income increase?