Sub Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income statement for the current year is presented below. Sales Cost of sales: $2,760,000 Direct material $430,000 Direct labor 330,000 Variable overhead 102,000 Fixed overhead 280,000 1,142,000 Gross profit $1,618,000 Selling and general & admin. Exp. Variable 380,000 Fixed 430,000 Operating income 810,000 $ 808,000 For the coming year, the management of Gardner Corporation anticipates a 10 percent increase in sales, a 12 percent increase in variable costs, and a $63,000 increase in fixed costs. The break-even point for next year (rounded to the nearest dollar) would be: (Do not round intermediate calculations.) Prev 5 of 40 Next > i calculations.) Multiple Choice O $1,559,754. $924,000. $1,426,678. $911,669. Saved < Prev 5 of 40