No More Standing is a retailer of office chairs located in San Francisco, California. Due to increased market competition, the CFO of No More Standing has grown worried about the firm's upcoming income stream. The CFO asked you to use the company financial information provided below.

Sales price	$ 75.00
Per-unit variable costs:
Invoice cost	40.20
Sales commissions	17.20
Total per-unit variable costs	$ 57.40
Total annual fixed costs:
Advertising	$ 54,250
Rent	76,500
Salaries	224,500
Total annual fixed costs	$ 355,250

The annual breakeven point, in dollar sales, is: (Do not round intermediate calculations.)

Multiple Choice

• $813,850.

• $1,013,850.

• $1,213,850.

• $1,513,850.

• $1,313,850.