Sandy Bank, Inc., makes one model of wooden canoe. and, the information for it follows: Sandy Bank sells its canoes for $375 each. Required: 1. Suppose that Sandy Bank raises its selling price to $500 per canoe. Calculate its new break-even point in units and in sales dollars. 2. If Sandy Bank sells 1,530 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $500 .) 3. Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $120 , 000 profit