The following is an income statement for last year.REQUIRED: Restate this statement into the Contribution Margin format (in good form).

Sales100,000units$2,500,000

Cost of Goods Sold:

Direct materials$600,000

Direct Labor (variable) $165,000

Variable manufacturing overhead $55,000

Fixed manufacturing overhead $750,000 $1,570,000

Gross Profit$930,000

Selling and Administrative expense

Variable selling and admin$130,000

Fixed selling and admin$300,000 $430,000

Operating Income$500,000

Using the Contribution Margin Financial Statement from Q1, what is the break-even number insales dollarsfor this company?