Projected financial results for the university's cafeteria for next year are shown. Answer each of the following independent questions. $907,000 Sales Fixed cost Total variable cost Total cost Net income $569,000 219,460 788,460 $118,540 (a) How much is the contribution margin and the contribution rate? (b) How much does the business need to sell to break even? (c) If the business was to spend $22,000 to upgrade their processes, how much does the business need to sell to break even? (d) If 9% more meals were sold, what would be the resulting net income? (a) The contribution margin is $ (Type an integer or a decimal.) The contribution rate is %. (Round to six decimal places as needed.) (b) To break even, the business needs sales to be $ (Round up to the nearest cent as needed.) to break even. (c) If the business was to spend $22,000 to upgrade their processes, it would need sales to be $ (Round up to the nearest cent as needed.) (d) If 9% more meals were sold, the resulting net income would be $ (Type an integer or a decimal.)