Westgate division of North Industries manufactures light fixtures sold to consumers through home improvement and hardware stores.

Cost of goods sold represents 40% of net sales.

Marketing expenses include selling expenses, promotion expenses, and freight.

Selling expenses include sales salaries totaling $3 million per year and sales commissions (5% of sales).

The company spent $3 million on advertising last year, and freight costs were 10% of sales.

Other costs include $2 million for managerial salaries and expenses for the marketing function and another $3 million for indirect overhead allocated to the division.

Net sales were $20 million.

Develop a profit-and-loss statement for the Westgate division. Calculate Westgates breakeven sales.