Midlands inc. had a bad year in 2019. for the first time in its history, it operated at a loss. the company’s income statement showed the following results from selling 75,000 units of product: net sales $1,500,000; total costs and expenses $1,780,200; and net loss $280,200. costs and expenses consisted of the following. total variable fixed cost of goods sold $1,106,000 $598,000 $508,000 selling expenses 522,200 95,000 427,200 administrative expenses 152,000 57,000 95,000 $1,780,200 $750,000 $1,030,200 management is considering the following independent alternatives for 2020. 1. increase unit selling price 25% with no change in costs and expenses. 2. change the compensation of salespersons from fixed annual salaries totaling $200,000 to total salaries of $40,010 plus a 5% commission on net sales. 3. purchase new high-tech factory machinery that will change the proportion between variable and fixed cost of goods sold to 50: 50. (a) compute the break-even point in dollars for 2019.