Memofax, Inc. produces memory enhancement software for computers. Sales have been very erratic, with some months showing a profit and some months showing a loss. The company's contribution format income statement for the most recent month is given below: Sales (23,500 units at $40 per unit) $940,000 705,000 Less: Variable expenses Contribution margin 235.000 Less: Fixed expenses 240.000 (5,000) Net operating loss Required: 1. Compute the company's CM ratio and its break-even point in both units and dollars Contribution margin ratio Break-even point in units Break-even point in dollars