Tims Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows:

Product Type	Sales Price			Invoice Cost			Sales Commission
High-quality	$	1,500		$	800			$	100
Medium-quality		850			520				80

Three-quarters of the shops sales are medium-quality bikes. The shops annual fixed expenses are $168,750. (In the following requirements, ignore income taxes.) Required: 1. What is the shops break-even sales volume in dollars? Assume a constant sales mix. 2. How many bicycles of each type must be sold to earn a target net income of $101,250? Assume a constant sales mix.