O'Reilly Motors is a small car dealership. On average it sells a car for $$30,000,$ which it purchases from the manufacturer for $$26,000.$ Each month, O'Reilly Motors pays $$66,000$ in rent and utilities and $$79,000$ for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $$700$ for each car they sell. O'Reilly Motors also spends $$15,000$ each month for local advertisements. Its tax rate is $40\%.$

Required

How many cars must O'Reilly Motors sell each month to break even?

O'Reilly Motors has a target monthly net income of $$76,500.$ What is its target operating income? How many cars must be sold each month to reach the target monthly net income of $$76,500?$

Let's begin by determining the formula for the breakeven number of cars.

Breakeven $=$ number of cars

O'Reilly Motors must sell $$ cars each month to break even. $($Round the number of cars up to the nearest whole number.$)$

Requirement $2.$ O'Reilly Motors has a target monthly net income of $$76,500.$ What is its target operating income? How many cars must be sold each month to reach the target monthly net income of $$76,500?$

Next, determine the formula to calculate the target operating income.

$$

The target monthly operating income is $ $$

Finally, determine the formula to calculate the number of cars that are required to be sold.

$$

O'Reilly Motors would need to sell $$ cars to reach the target monthly net income of $$76,500.($Round the number of cars up to the nearest whole number.$)$