Midlands Inc. had a bad year in 2016. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 79,000 units of product: net sales $1.580.000; total costs and expenses $1,672,000; and net loss $92,000. Costs and expenses consisted of the following Total Variable Fixed Cost of goods sold Selling expenses Administrative expenses $1,000,000 522,000 150,000 $1,672,000 $479,000 93,000 60.000 $632.000 $521,000 429,000 90,000 $1,040.000 Management is considering the following independent alternatives for 2017. 1. Increase unit selling price 20% with no change in costs and expenses. 2. Change the compensation of salespersons from fixed annual salaries totaling $195,000 to total salaries of $39.000 plus a 5% commission on net sales. 3. Purchase new high-tech factory machinery that will change the proportion between variable and foed cost of goods sold to 50:50. (a) Compute the break even point in dollars for 2017. (Round contribution margin ratio to 2 decimal places 2,510.) 0.25 and final answer to decimal places, e.g. Break even point 17333.33 (b) Compute the break even point in dollars under each of the alternative course of action (Round contribution margin ratio to 4 decimal places e.g. 0.2512 and final answers to decimal places, e.o. 2,510.) Break-even point 1. Increase selling price hannermanesti