The Enchantment Company is considering an expansion of its present facilities to meet an expected increase demand for its product. The company's current contribution margin ratio is 30 percent. The expanding proposal requires an increase of \(\$ 50,000\) in fixed costs. No changes in unit selling price and unit variable cost are expected for the coming year. The company is now breaking even at \(\$ 300,000\) of sales.

{Required:}

(1) Determine the breakeven point after expansion.

(2) If the additional facilities are provided, determine the expected profit for sales of \(\$ 600,000\) in the coming year.