Rugs is holding a 2-week carpet sale at John's Club, a local warehouse store. Cute Rugs plans to sell carpets for $ 950 each. The company will purchase the carpets from a local distributor for $ 760 each, with the privilege of returning any unsold units for a full refund. John's Club has offered Cute Rugs two payment alternatives for the use of space. Option 1: A fixed payment of $ 7 comma 410 for the sale period times Option 2: 10% of total revenues earned during the sale period Assume Cute Rugs will incur no other costs. 1. Calculate the breakeven point in units for (a) option 1 and (b) option 2. 2. At what level of revenues will Cute Rugs earn the same operating income under either option? a. For what range of unit sales will Cute Rugs prefer Option 1? b. For what range of unit sales will Cute Rugs prefer Option 2? It will take ___ units to generate the same operating income under either option. The level of revenues under either option using these units equal ___