Please explain each problem in steps. I would like to study problems 13-17

13,500 units 20,000 units D. Problems 13-17 are based on the following information: The date is January 1, 2018 and Party Town (PT) has just wan the bidding process to host a party on March0,- 2018. PT is charging their guests an admission fee of $100 per person. PT has rented a banquet hall for $900 that will accommodate up to 100 people. PT has contracted with Cathy's Catering to cater the party for $10- per person that attends (up to 100). PT estimates that they will have $5 of depreciation expense from January 1, 2018 through March 31, 2018. Do not round the units (people) to the nearest person. Round to two decimals. Additional Information: At the party, it is estimated that 80 % of the guests will pay at the door in cash and 20% will pay between April 1, 2018 and April 30, 2018. The estimated party guests are 80. Cathy's Catering will be paid half their fee (Cathy requires the estimate to be the max of 100 people) on March 1, 2018 and the balance will be paid on April 15, 2018. The banquet hall will be paid in full on March 1, 2018. Choose closest answer. 13. What is the budgeted breakeven point in sales dollars? $800 $900 $1,005 $1,105 A) 14. What is the budgeted margin of safety in sales dollars? Choose closest answer. A) $5,000 $6,995 $8,995 $11,000 D) 15. What is the degree of operating leverage at the budgeted sales level of 80 people? A) ) 2.00 1.42 1.14 D) 1.33 16. Assuming PT has cash of $2,000 at January 1, 2018, how much cash do you estimate they will have on March 31, 2018? A) ) $3,400 $6,000 $7,000 $8,100 D) 17. What is the budgeted operating income for PT for the period from January 1, 2018 through March 31, 2018? $6,415 $6,295 $7,110 $7,770 C) D) information, what is the degree of operating leverage