Question 3 Zappo Shoe Company sells only one style of shoes for $85 each. The company's contribution format income statement for the most recent year is given below: Volume 25,000 shoes Total Per Unit Sales $2,125,000 $85 Variable expenses 375,000 15 Contribution Margin 1,750,000 $70 Fixed expenses 785,000 Net Operating Income $965,000 Required: (Show your work) a) Compute the breakeven sales in units (shoes). b) Assume that next year management wants the company to earn a profit of at least $1,250,000. How many shoes will the company have to sell to meet this target profit? c) Refer to the original data. Compute the company's margin of safety percentage