Stylish Sitting is a retailer of office chairs located in San Francisco, California. Due to increased market competition, the CFO of Stylish Sitting has grown worried about the firm's upcoming income stream. The CFO asked you to use the company financial information provided below.

Sales price$72.00Per-unit variable costs:Invoice cost40.05Sales commissions17.05Total per-unit variable costs$57.10Total annual fixed costs:Advertising$54,100Rent76,200Salaries224,200Total annual fixed costs$354,500

The annual breakeven point, indollarsales, is:(Do not round intermediate calculations.)