Premium Beds is a retailer of luxury bed frames located in Los Angeles, California. Due to a recent industry-wide financial crisis, the CFO of Premium Beds fears a significant drop in the firm's upcoming income stream. The CFO asked you to use the company financial information provided below.

Sales price per unit	$	3,300.00
Per-unit variable costs:
Invoice cost		2,550.00
Sales commissions		290.00
Total per-unit variable costs	$	2,840.00
Total annual fixed costs:
Advertising	$	230,900
Rent		177,000
Salaries		385,900
Total annual fixed costs	$	793,800

The annual breakeven point in dollars is: (Do not round intermediate calculations.)

Multiple Choice

• $5,694,653.

• $5,494,653.

• $5,394,653.

• $5,194,653.

• $4,994,653.