The Eagles sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $50throughout the country to loyal alumni of over2,100schools. Their variable costs are41% of sales; fixed costs are $118,000per month.

Assume that variable costs increase to47% of the current sales price and fixed costs increase by $10,000per month. If Sandhill were to raise its sales price by11% to cover these new costs, what would be the annual breakeven point in sales dollars?

Breakeven sales: $??