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Patel Motors is a small car dealership. On average, it sells a car for $26,000, which it purchases from the manufacturer for $22,000. Each month,

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Patel Motors is a small car dealership. On average, it sells a car for $26,000, which it purchases from the manufacturer for $22,000. Each month, Patel Motors pays $65,000 in rent and utilities and $71,000 for sales people's salaries. In addition to their salaries, sales people are paid a commission of $500 for each car they sell. Patel motors also spends $11,000 each month for local advertisements. Its tax rate is 40%. How many cars must Patel Motors sell each month to break even? Patel Motors has a target monthly net income of %52, 500. What is its target monthly operating income? How many cars must be sold each month to reach the target monthly net income of $52,000? How many cars must Patel Motors sell each month to break even? Patel Motors must sell cars each month to break even

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