Problem #2
	For 2020 Rocio's Rotelle, Ltd. reported the following revenue and expenses:
		Sales revenue			$ 6,200,000
		Fixed costs			$ 2,546,000
		Variable costs			$ 3,844,000
	a	Calculate the breakeven sales for Rocio
	b	How much total revenue is required ro
		generate in order to have $190,000 of pre-tax income
	c	How much total revenue is required to
		generate to attain Income before tax which is 8% of sales
	d	How much total revenue is required ro
		generate to have Net Income of $272,000 (32% tax rate)
	e	How much total revenue is required ro
		generate to have Net Income which is 3.4% of sales (32% tax rate)

	Sales Revenue ------------------------------------------------------->
						Variable costs
	Expenses		Fixed	Variable	Total Cost	as a % of sales
	Compensation costs
	Utilities
	Advertising
	Insurance
	Supplies
	Professional fees
	Other SG&A expenses
	Required:
	a.	FILL the values for a ---> n
	b	Prepare an income statement using the contribution margin format
		assuming a tax rate of 40%