Warner Tool Company produces class rings to sell to college and high school students. These rings sell for $75 each, and cost $35 each to produce. Warner Tool Company has fixed costs of $50,000. a) Calculate Warner Tool Companys breakeven point? b) How much profit (loss) will Warner Tool Company have if it sells 1,000 rings? 8000rings? c) Warner Tool Companys president, Dr. John Robinson expects annual profit of $100,000. How many rings must be sold to attain this profit? (