Sandhill Corp.'s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 560,500 units of product: sales $2,802,500, total costs and expenses $2,907,360, and net loss $104,860. Costs and expenses consisted of the amounts shown below Total Variable Fixed Cost of goods sold Selling expenses Administrative expenses $2,391,700 $1,838,440 $553,260 280,250 103,132 177,118 76,228 159,182 $2,907,360 $2,017,800 $889,560 235,410 Management is considering the following independent alternatives for 2021 1, Increase unit selling price 20% with no change in costs, expenses, and sales volume. 2. Change the compensation of salespersons from fixed annual salaries totaling $168 150 to total salaries of $67,260 plus a 4% commission on s Your answer is correct. Compute the break-even point in dollars for 2020. Break-even point31770