You run a nail salon. Fixed monthly cost is $5,483.00 for rent and utilities, $5,927.00 is spent in salaries and $1,644.00 in insurance. Also every customer requires approximately $3.00 in supplies. You charge $85.00 on average for each service.

You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,696.00, salaries to $6,079.00 and insurance to $2,427.00 per month. Cost of supplies will increase to $8.00 per service. However you can now charge $148.00 per service. At what point will you be indifferent between your current location and the new loaction?