Midlands Inc had a bad year in 2019. For the first time in its history. it operated at a loss. The company's income statement showed the following results from selling 75,000 units of product net sales $ 1.500,000, total costs and expenses $ 1,750.200, and net loss 250.200. Costs and expenses consisted of the following Cost of goods sold Selling expenses Administrative expenses Total Variable Fixed $ 1,080,000 $600,000 $ 480,000 520,200 95,000 425,200 150,000 55.000 95,000 $ 1.750,200 $750,000 $1,000,200 Management is considering the following independent alternatives for 2020. 1 Increase unit selling price 25% with no change in costs and experses. 2 Change the compensation of salespersons from fixed annual salaries totaling S 198,000 to total salaries of S 37.995 plus a 5% commission on net sales 3 Purchase new high-tech factory machinery that will change the proportion between variable and fixed cost of goods sold to 50:50 (a) Compute the break-even point in dollars for 2019. (Round contribution margin ratio 16 4 decimal places es 0.2512 and final answer to 0 decimal places, es 2.510) Break-even point (b) Compute the break-even point in dollars under each of the alternative courses of action for 2020. Round contribution margin ratio to 3 decimal places es 0.251 and final answers to decimal places, es 2,510) Break-even point 1. Increase selling price $ 2 Change compensation $ $ 3. Purchase machinery Which course of action do you recommend