Question 1 of 4 View Policies Current Attempt in Progress At December 31, 2021. Swifty Corporation reported this information on its balance sheet. Accounts receivable $586,000 Less. Allowance for doubtful accounts 38.000 During 2022, the company had the following transaction related tables 1 Sales con 52.423,000 54.000 2 Siruturandances Collection of receivas 22.000 56,00 Writeos of activitetene un collectible Recovery old pay attentotectible The pitstop work stations rent for $35 per Go-Kart owner per day. Instructions (a) Determine the number of pitstop work station rentals and revenue Chuck needs to break even using the contribution margin technique. 7 (b) If the current level of pitstop workstation rentals is 4,345, by what percentage can workstation rentals decrease before Chuck should be concerned about having a net loss? (c) Chuck is considering upgrading the track to attract more business and increase prices. This will add an additional $1.500 per month to the current fixed costs. Chuck feels he can increase the daily pitstop workstation space to $40 per Go- Kart owner per day. Determine the number of pitstop workstation rentals and the amount of revenue Chuck needs to break even if the changes are made. Question 1 of 4 View Policies Current Attempt in Progress At December 31, 2021. Swifty Corporation reported this information on its balance sheet. Accounts receivable $586,000 Less. Allowance for doubtful accounts 38.000 During 2022, the company had the following transaction related tables 1 Sales con 52.423,000 54.000 2 Siruturandances Collection of receivas 22.000 56,00 Writeos of activitetene un collectible Recovery old pay attentotectible The pitstop work stations rent for $35 per Go-Kart owner per day. Instructions (a) Determine the number of pitstop work station rentals and revenue Chuck needs to break even using the contribution margin technique. 7 (b) If the current level of pitstop workstation rentals is 4,345, by what percentage can workstation rentals decrease before Chuck should be concerned about having a net loss? (c) Chuck is considering upgrading the track to attract more business and increase prices. This will add an additional $1.500 per month to the current fixed costs. Chuck feels he can increase the daily pitstop workstation space to $40 per Go- Kart owner per day. Determine the number of pitstop workstation rentals and the amount of revenue Chuck needs to break even if the changes are made