Question: > A Moving to another question will save this response. Question 1 of 25 Question 1 4 points Save Answi Below is an income statement

> A Moving to another question will save this response. Question 1 of 25 Question 1 4 points Save Answi Below is an income statement for Nancy Company in Ningbo: Sales Variable costs Contribution margin Fixed costs Profit before taxes $400,000 (100,000) $300,000 (150.000) $ 150.000 Based on the cost and revenue structure on the income statement, what was Nancy's break-even point in dollars? 1. $290,909 2. $325,000 3.$300,000 4. $200,000

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