Question 3 of 4 1.06/ 6.25 E licies Show Attempt History Current Attempt in Progress Sheridan Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $50 throughout the country to loyal alumni of over 3,800 schools. Sheridan's variable costs are 42% of sales: fixed costs are $116,000 per month. (21) Question 3 of 4 1.06 / 6.25 Attempts: 1 of 12 used What is Sheridan's annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to compute breakeven sales.) Breakeven sales $