Problem 5-4 (Video) (Part Level Submission) Tank Corp's sales slumped badly in 2020. For the first time in its history operated at loss. The company's income statement showed the following results from selling 500,000 units of product sales $2.500.000, total costs and expenses $2,600,000, and net loss $100,000. Costs and expenses consisted of the amounts shown below Cost of goods sold Selling expenses Administrative expenses Total $2,140,000 250,000 210,000 $2,600,000 Variable $1,590,000 92,000 8,000 $1,750,000 Fixed $550,000 158,000 142.000 $850,000 Management is considering the following independent alternatives for 2021 1. Increase unit selling price 20% with no change in costs, expenses, and sales volume 2. Change the compensation of salesperson from twed annual salaries totaling $150,000 total es of $60.000 pu n on sale Compute the break-even point in dollars for 2020 Break-even point