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You run a nail salon. Fixed monthly cost is $ 5 , 4 2 8 . 0 0 for rent and utilities, $ 5 ,

You run a nail salon. Fixed monthly cost is $5,428.00 for rent and utilities, $5,503.00 is spent in salaries and
$1,219.00 in insurance. Also every customer requires approximately $3.00 in supplies. You charge $102.00 on
average for each service.
You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to
$11,979.00, salaries to $6,923.00 and insurance to $2,252.00 per month. Cost of supplies will increase to $6.00
per service. However you can now charge $172.00 per service. At what point will you be indifferent between
your current location and the new location?
Answer format: Number: Round to: 2 decimal places.
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