STERLING TIRE COMPANY Income Statement Year ended December 31, 20XX Sales (40,000 tires at $55 each) Less: Variable costs (40,000 tires at $30) $ 2,200,000 1,200,000 Contribution margin Less: Fixed costs 1,000,000 840,000 Earnings before interest and taxes (EBIT) Interest expense 160,000 60,000 Earnings before taxes (EBT) Income tax expense (35%) 100,000 35,000 Earnings after taxes (EAT) $ 65,000 Choose... Given this income statement, compute the following: 26,000 32,000 30,000 36,000 33,600 42,000 What is the breakeven point in units? Choose... What is the breakeven point in units also considering interest expense as a fixed cost? Choose