The income statement for TLC Company is given below. Assuming that cost of goods sold are variable and operating expenses are fixed, what was TLC's breakeven sales volume in 2022? TLC Co. Income statement for 2022 Sales Cost of goods sold Gross profit Operating expenses Operating income Interest expense Pre-tax income Taxes Net income Multiple Choice $150,000 $180,000 $80,000 $ 250,000 200,000 50,000 30,000 20,000 7,000 13,000 5,000 $ 8,000

The income statement for TLC Company is given below. Assuming that cost of goods sold are wariable and operating expenses are fixed, what was TLC's breakeven sales volume in 2022 ? Multiple Choice $150,000 $180,000 $80,000