You are considering starting a walk-in clinic. Your financial projections for the first year of operations are below. Revenue and variable costs are based on the projected number of visits. Medical and administrative supplies are variable costs; all other costs are fixed costs. Medical and administrative supplies are variable costs; all other costs are fixed costs.
Projected Visits	12,000
Revenues	$650,000
Wages & benefits	300,000
Rent	6,500
Depreciation	40,000
Utilities	4,200
Medical supplies	55,000
Administrative supplies	10,000

a. Construct the clinic's projected P&L statement

b. What is the total contribution margin?

c. What is the contribution margin rate (rounded to the nearest dollar)?

d. What is the clinic's breakeven point?

e. What is the economic breakeven for a profit of $100,000?