The Drink to Forget Manufacturing makes bottles of gin. The following income statement is available for last year, when the company produced and sold 100,000 bottles of gin:

Sales Revenue 2,500,000

Less: COGS 660,000

Gross Margin 1,840,000

Less: Op. Exp. 200,000

Operating Income 1,640,000

The COGS expense includes $2.20 per unit of fixed overhead. In addition, the manufacturer states 70% of their operating expenses are fixed while the other 30% are variable.

Given this information, how many units does this firm need to produce and sell in order to break-even this year?

A. 130,000

B. 22,000

C. 18,000

D 14,000

E. None of the above