The analysis of the transactions that Cabletronics Rental engaged in during its first month of operations follows The business buys electronic equipment that it rents out to earn rental revenue. The owner of the business, Gary Oake, made only one investment to start the business and made no withdrawals from Cabletronics Rental i (Click the icon to view the transactions.) Required 1. Describe each transaction of Cabletronics Rental 2. If these transactions fully describe the operations of Cabletronics Rental during the month, what was the amount of net income or net loss? Prepare a CVP income statement for the month ended July 31, 2022. CRANE CVP Income Statement For the Month Ended July 31, 2022 Sales Variable Costs Contribution Margin Fixed Costs Net Income/(Loss) Total 768,000 Per Unit 80 Percent of Sales 100 % % % (b) Determine the company's break-even point in (1) number of lawns serviced per month and (2) sales dollars. (1) Break-even point in lawns (2) Break-even point in dollars