Norwood Industries has annual fixed costs of $1.8 million. Unit variable costs are currently 55% of selling price. Answer to the nearest million and .01%

1. What annual revenue is required to breakeven?
2. What annual revenue would produce a loss of $100 000 in a year?
3. What annual revenue would produce a profit of $300 000?
4. If prices are increased by 10%, but total revenue remains at the value determined in (c), what will be the percent change in sales volume?