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The following is last month's contribution format income statement: Sales (25,000 units) $1,700,000 Variable expenses 1,275,000 Contribution margin 425,000 Fixed expenses 220,000 Net operating income

The following is last month's contribution format income statement:


Sales (25,000 units) $1,700,000
Variable expenses

1,275,000

Contribution margin 425,000
Fixed expenses

220,000

Net operating income

$ 205,000


What is the company's break-even in sales dollars? (Do not round intermediate calculations.)

$1,495,000
$220,000
$1,700,000
$880,000

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