Kesia D’Ann (see Problem 1-18) has become concerned that sales may fall, as the team is on a terrible losing streak and attendance has fallen off. In fact, Kesia believes that only 500 programs will sell for the next game. If it was possible to raise the selling price of the program and still sell 500, what would the price have to be for Kesia to break even by selling 500? 

Data in Problem 1-18

Kesia D’Ann is planning to pay for tuition by selling programs at the football games for State University. There is a fixed cost of $400 for printing these programs, and the variable cost is $3. There is also a $1,000 fee that is paid to the university for the right to sell these programs. If Kesia was able to sell programs for $5 each, how many would have to be sold in order to break even?