Parts A and B Please and Thank you!

(Break-even analysis) You have developed the income statement in the popup window, for the Hugo Boss Corporation. It represents the most recent year's operations, which ended yesterday. Your supervisor in the controller's office has just handed you a memorandum asking for written responses to the following questions:

Sales $51,790,594 Variable costs (23,861,000) Revenue before fixed costs $27,929,594 Fixed costs (11,684,000) EBIT $16,245,594 Interest expense (1,650,555) Earnings before taxes $14,595,039 Taxes at 26% (3,794,710) Net income $10,800,329

a. What is the firm's break-even point in sales dollars?

b. If sales should increase by 30 percent, by what percent would earnings before taxes (and net income) increase?

Question content area bottom

a. What is the firm's break-even point in sales dollars? $________(Round to the nearest dollar.)