The following information pertains to questions 89 to 90. JH Fashions leases a retail store in a shopping center. In order to sell its inventory, JH pays its staff a 3% commission on gross sales. John Henry, owner of JH Fashions, expects a 25% return on investment and annual fixed costs of $225,000. John invested $300,000 to start up JH Fashions. 89.JH Fashions has no variable costs, except for cost of goods, and sells clothing at a 55% gross margin. What revenue does JH need to generate to break even (rounded up to the nearest hundred dollars)? a) $500,000 b) $387,900 c) $292,200 d) $409,100 e) 5432,700 90. How much revenue does JH Fashions need to generate to achieve John's required return on investment of 25% (rounded up to the nearest hundred dollars)? a) 5432,700 b) S577,000 c) 5545,500 d) $714,300 e) $517,300