Bill's Footwear retails running shoes for thirty dollars per pair. Bill's Footwear spends one thousand dollars a month in rent and pays two full-time employees to each work one hundred and sixty hours a month at rate of ten dollars per hour. The store shares a manager with a neighbouring company and pays 50% of the manager's annual salary of $60,000 and provides additional compensation in the form of bonus and benefits of $12,000. The company can source their shoes from a low-cost producer and only pays them $10 each due to the manufacturing facilities residing in a low-cost geography. Required 1. To break even each month, how many running shoes does Bill's Footwear need to sell? 2. Bill's Footwear needs to earn an operating income of $5,300 per month, how many running shoes do they need to sell? 3. The store's hourly employees agreed to a fifteen percent sales-commission-only pay structure, instead of their hourly pay, how many running shoes would Bill's Footwear need to sell to earn an operating income of $5,300? 4. If Bill's Footwear pays its employees hourly under the original pay structure, but is able to pay the mall 10% of its monthly revenue instead of monthly rent. At what sales levels would Bill's Footwear prefer to pay a fixed amount of monthly rent, and at what sales levels would it prefer to pay 10% of its monthly revenue as rent