Question 1 You are provided the following information from Jingle Bell Company: Not yet answered Marked out of 1.00 Flag question Target net income.... $80,000 Total fixed costs................ $100,000 Contribution margin.......... Corporate tax rate............. 25% .40% How many sales dollars are required for Jingle Bell to reach its target net income? Select one: o a. $6,000,000 b. $250,000 o C. $516,667 o d. $1,050,000 o e. None of the above