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 $2,250,000; total costs and expenses $2,374,920; and net loss $124,920. Costs and expenses consisted of the following Ered 5497.500 Total $1,692,500 532,420 150.000 $2,374,920 Cost of goods sold Selling expenses Administrative expenses Variable $1,195,000 95,000 60,000 $1,350,000 437,420 udry 90,000 $1,024.920 Management is considering the following independent alternatives for 2020 1. Increase unit selling price 25% with no change in costs and expenses. 2. Change the compensation of salespersons from faxed al salaries totaling $196,000 to total salaries of $41,005 plus 5 commission on betales 3. Purchase new high-tech factory machinery that will change the proportion between variable and fed cost of goods sold to Siso. (a) Compute the break even point in dollars for 2019. (Round contribution margin ratio to decimal places e 0.2512 and final answer to decimal aces, 2,5/0.) Break-even point decimal places 0.25 and balanswers to decim evenit in dollars under each of the alternative courses of action for 2020. (and contribution mari ratio (1) Com the r places 1.0.2, 510) Teak even point 1. Increase in 2. Change compensation 3. Purchase mauvery