Mats for Life produces yoga mats. Mat A sells for $60 and has a contribution margin ratio of 40%. Mat B sells for $100 and has a contribution margin ratio of 60%. This year the company sold a total of 80,000 mats, of which 30,000 were units of Mat A. At the breakeven point, the company needs to sell 68,000 units of both Mat A and Mat B. What are the company's fixed costs? (Round intermediate calculations to the nearest cent.)

Mat A Mat B Combined Units sold 30000 50000 80000 Selling price $60.00 $100.00 Sales $1,800,000.00 $5,000,000.00 $6,800,000.00 Multiply by: Contribution mar 40% 60% Contribution margin $720,000.00 $3,000,000.00 $3,720,000.00 Divided by: Units sold $80,000.00 Weighted average contribution margin $46.50