The Well's Run Dry is a manufacturer of water dispensers. The company's current annual production and sales volume is 100,000 water dispensers. The variable cost of making and selling each water dispenser is $10.50. Shareholders expect a 10% annual return on the company's $400,000 of assets. Assume that the company is a price taker and the current market price for a water dispenser is $24.50. What are the company's annual target fixed costs? $1,050,000 $2,410,000 $1,010,000 $1,352,000 $1,360,000