Tee Times, Inc. produces and sells the finest quality golf clubs in all of Clay County. The company expects the following revenues and costs in 2017 for its Elite Quality golf club sets:

Revenues (300 sets sold @ $600 per set) $180,000

Variable costs 120,000

Fixed costs 40,000

How many sets of clubs must be sold for Tee Times, Inc. to reach their breakeven point?

How many sets of clubs must be sold to earn a target operating income of $90,000?

What amount of sales must Tee Times, Inc. have to earn a target net income of $63,000 if they have a tax rate of 30 percent?