Question 11 Pharoah provides shuttle service between four hotels near a medical center and an international airport. Pharoah uses two 10-passenger vans to offer 12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statement is shown below. $37,520 Sales (1,340 passengers) Variable costs Fuel $5,673 2,739 Tolls and parking Maintenance 968 9,380 Contribution margin 28,140 Fixed costs Salaries Depreciation Insurance 12,700 2,100 2,000 16,800 $11,340 Net income (a1) Calculate the break-even point in dollars. Break-even point $