Sam Hummel is considering opening a Kwik Oil Change Center. He estimates that the following costs will be incurred during his first year of operations: Rent S6,000, Depreciation on equipment S7,000, Wages S25,200, Motor oil S2.00 per quart. He estimates that each oil change will require 5 quarts of oil. Oil filters will cost S3.00 each. Hemust also pay The Kwik Corporation a franchise fee of S1.20 per oil change since he will operate the business as a franchise. In addition, utility costs are expected to behave in relation to the number of oil changes as follows umber of Oil Changes tility Costs 5,000 7,300 S96400 S12,600 17,000 12,000 19,000 Mr. Hummel anticipates that he can provide the oil change service with a filter at S25 each. Instructions (a) Using the high-low method for utility costs, determine the variable and fixed costs for utilities Determine the break-even point in number of oil changes and sales dollars (c) Without regard to your answers in parts (a), (b) and (c), determine the oil changes required to eam net income of S20,000, assuming fixed costs are S38,000 and the contribution margin per unit is S8