Tommy$$s Tile Service is planning on purchasing new tile cleaning equipment that will improve its ability to remove tough stains from ceramic tiles. The company$$s contribution margin is $25$ percent and its current break$-$even point is $$773,200$ in sales revenue. Purchasing the new equipment will increase fixed costs by $$16,500.$

Required:

Determine the company$$s current fixed costs.

Determine the company$$s new break$-$even point in sales.

After the purchase of the equipment, how much revenue does the company need to generate a profit of $$190,000?$