Minden Company introduced a new product last year for which it is trying to nd an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2 reduction in the selling price. The company's present selling price is $98 per unit, and variable expenses are $68 per unit. Fixed expenses are $837,900 per year. The present annual sales volume (at the $98 selling price) ls 25,200 units. Required: 1. What is the present yearly net operating income or loss? 2. What is the present break-even point in unit sales and in dollar sales? 3. Assuming that the marketing studies are correct, what is the maximum annual prot that the company can earn? At how many units and at what selling price per unit would the company generate this prot? 4. What would be the break-even point in unit sales and in dollar sales using the selling price you determined in (3) above (e.g.. the selling price at the level of maximum prots)? Complete this question by uttering your answer- In the tab: below. Required 1 Required 2 Required 3 Required 4 What is the present yearly net operating Inoome or loss? Break-even point in units Break-even point in dollar sales Assuming that the marketing studies are correct, what is the maximum annual prot that the company can earn? At how many units and at what selling price per unit would the company generate this prot? Maximum annual prot - Number of units - Selling price per unit - What would be the breakeven point in unit sales and In dollar sales using the selling price you determined in Required (3) (e.g., the selling price at the level of maximum prots)? (Do not round intermediate calculations.) Break-even point in units _ Break-even point in dollar sales