Projected financial results for the university's cafeteria for next year are shown. Answer each of the following independent questions. Sales (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 $23,000 to upgrade their processes, how much does the business need to sell to break even? (d) If 3% more meals were sold, what would be the resulting net income? (a) The contribution margin is $. (Type an integer or a decimal.) $893,000 Fixed cost $594,000 Total variable cost 213,440 Total cost 807,440 Net income $85,560