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Presented below is Oxford Ltd.'s partial income statement for 20x5: Item Amount Sales (36,300 units) $892,000 (382,000) Variable costs Contribution Margin Fixed Expenses (200,000) Operating

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Presented below is Oxford Ltd.'s partial income statement for 20x5: Item Amount Sales (36,300 units) $892,000 (382,000) Variable costs Contribution Margin Fixed Expenses (200,000) Operating Income Income tax expense 40% of net income Net Income How many units must Oxford Ltd. sell in order to generate net income equal to $296,000

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