In august 1, a $30,000, 6%, 3-year installment note payable is issued by a company. the note requires equal payments of principal plus accrued interest be paid each year on july 31. the present value of an annuity factor for 3 years at 6% is 2.6730. the present value of a single sum factor for 3 years at 6% is 0.8396. the payment each july 31 will be:

Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)