Please help!!! I need this as soon as possible!!! Thank you!!

Clark Sporting Goods Company, a wholesale supply company, engages independent sales agents to market the company's product throughout New England. These agents currently receive a commission of 20 percent of sales, but they are demanding an increase to 25 percent of sales made during the year ending December 31, 2021. The controller already prepared the 2021 budget before learning of the agents' demand for an increase in commissions. The budgeted 2021 income statement is shown below. Assume that cost of goods sold is 100 percent variable cost. Clark Sporting Goods Company Budgeted Income Statement For the Year Ended December 31, 2021 Sales $10,000,000 Cost of goods sold 6 000 000 Gross margin $ 4,000,000 Selling and administrative expenses: Commissions $2,000,000 All other expenses (xed) 100,000 2 100 000 Income before taxes $ 1,900,000 Income tax (30%) 570 000 Net income 5 1,330,000 The company is considering the possibility of employing full-time sales personnel. Three individuals would be required, at an estimated annual salary of $30,000 each, plus commissions of 5 percent of sales. In addition, a sales manager would be employed at a xed annual salary of $160,000. All other fixed costs, as well as the variable cost percentages, would remain the same as the estimates in the 2021 budgeted income statement. Required: For each of the following question (except Q5), please explain your thinking processes in words (i.e., in one or two paragraphs) after your calculations. 1_ Compute Clark Sporting Goods' estimated break-even point in sales dollars for the year ending December 31, 2021, based on the budgeted income statement prepared by the controller. 2. Compute the estimated break-even point in sales dollars for the year ending December 31, 2021, if the company employs its own sales personnel. 3. Compute the estimated volume in sales dollars that would be required for the year ending December 31, 2021, to yield the same net income as projected in the budgeted income statement, if management continues to use the independent sales agents and agrees to their demand for a 25 percent sales commission. 4. Compute the estimated volume in sales dollars that would generate an identical net income for the year ending December 31, 2021, regardless of whether Clark Sporting Goods Company employs its own personnel or continues to use the independent sales agents and pays them a 25 percent commission. 5. Based on your calculations above (i.e., Q1 Q4), write a memo to the president of Clark Sporting Goods making a recommendation as to whether the rm should use its own sales personnel or the independent sales agents and pays them a 25 percent commission