Sandy Bank, Inc. makes one model of wooden canoe. and, the information for it follows: Number of canoes produced and sold Total costs Variable costs Fixed costs 550 750 900 $150,000 $ 99,000 $249,000 $180,000 $ 99,000 $279,000 $110,000 $ 99,000 $209,000 Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 200.00 180.00 $ 200.00 132.00 $ 300.00 $ 332.00 $ 200.00 110.00 $310.00 Sandy Bank sells its canoes for $375 each. Required: 1. Suppose that Sandy Bank raises its selling price to $500 per canoe. Calculate its new break-even point in units and in sales dollars. 2. If Sandy Bank sells 1,590 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $500.) 3. Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $130,000 profit. Complete this question by entering your answers in the tabs below.