need help

Matisse Industries is planning on purchasing a new piece of equipment that will increase the quality of its production. It hopes the increased quality will generate more sales. The company's contribution margin ratio is 20%, and its current breakeven point is $650,000 in sales revenue. If the company's fixed expenses increase by $50,000 due to the equipment, what will its new breakeven point be (in sales revenue)? If Matisse Industries' fixed experstes increase by $50,000 due to the equipment, what will its new breakeven point be (in sales revenue)? Begin by identifying the general formula to compute the breakeven sales in dollars