Personal For You Investors is opening an office in Newark, New Jersey. Fixed monthly expenses are office rent $),$ depreciation on office furniture $($ $$270),$ utilities $($ $$280),$ special telephone lines $($ $$610),$ a subscription to an online brokerage service $($ $$650),$ and the salary of a financial planner $).$ Variable expenses include payments to the financial planner $(14\%$ of revenue$),$ advertising $(7\%$ of revenue$),$ supplies and postage $(3\%$ of revenue$),$ and usage fees for the telephone lines and computerized brokerage service $(1\%$ of revenue$).$

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Requirement $1.$ Compute the investment firm's breakeven revenue in dollars. If the average trade leads to $$500$ in revenue for Personal For You, how many trades must it make to breakeven?

First identify the formula to calculate the breakeven point in dollars.

$($ Fixed expenses $+$ Operating income

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