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You run a nail salon. Fixed monthly cost is $5,935.00 for rent and utilities, $6,442.00 is spent insalaries and $1,427.00 in insurance. Also every

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You run a nail salon. Fixed monthly cost is $5,935.00 for rent and utilities, $6,442.00 is spent insalaries and $1,427.00 in insurance. Also every customer requires approximately $5.00 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 $10,414.00, salaries to $6,936.00 and insurance to $2,306.00 per month. Cost of supplies will increase to $7.00 per service. However you can now charge $152.00 per service. At what point will you be indifferent between your current location and the new location? Submit Answer format: Number: Round to 2 decimal places.

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