Scoe Medical Supply is a retailer of home medical equipment. Last year, Scotrs s.les rovenves totaled $6,300,000. Total expenses were $2,200,000 of ths amount, approvimately $1,260,000 anee variable, whid the remainder were foed. Since Scotrs offers thousands of different products, its managen preler to calculase the breakeven point in lerms of sales dolars rather than units Read the requirements Requirements 1. What is Scott's current operating income? 2. What is Scott's contribution margin ratio? 3. What is the company's breakeven point in sales dollars? (Hint: The contribution margin ratio calculated in Requirement 2 is already weighted by the company's actual sales mix.) 4. Scott's top management is deciding whether to embark on a $210,000 advertising campaign. The marketing firm has projected annual sales volume to increase by 20% as a result of this campaign. Assuming that the projections are correct, what effect would this advertising campaign have on the company's annual operating income