Sensitivity Exercise: Washington Accounting Company is focused 100% on preparing tax returns for personal and business clients. The company reported the following results for 2020. A new competitor has opened nearby, so the management would like to assess the impact of a 20% decline in returns prepared at the 2020 average rate. Alternatively, they feel they may be able to keep the same number of clients by dropping their average price by 25%. Calculate the impact of each of these changes individually, and as a worst-case scenario where the firm decreases its costs and business still falls by 20%, calculate the combined impact of both events. 20% Drop in Returns 25% Drop in Fee Combined Impact # of tax returns prepared year) Average fee per tax return Gross Revenues 2020 Results 1,800 $200 $360,000 If the company's expenses and debt payments total $250,000, what is its break-even price point assuming they are able to keep the number of tax returns steady from 2020