Use the following information to answer the questions that follows Lake Berryessa Marine Income Statements For the Three Months Ending June 30 April May June 6,500 7,400 7,000 Sales in units Sales revenue Cost of goods sold Gross margin Selling & admin expenses $260,000 $296,000 $280,000 84,000 78,000 88,800 182,000 20700196000 5,000 72,000 2,500 5,000 67,500 2,500 5,000 75,600 2,500 Advertising Shipping2.5 Depreciation Total selling& admin expenses 75,000 83,00 79,500 income$107,000 $124,100 $116,500 Net operating 1. What is the CM margin per unit? 2. What is the CM ratio? 3. What is the breakeven in units? 4. What is the breakeven in dollars? 5. What level of sales is required for a target income of $150,000? 6. What is the margin of safety ratio for May