_{Can you please provide a step-by-step answer for this? Thanks}

_{Nolan Rouse is considering starting a Web-based educational business, e-Prep MBA. He plans to offer a short-course review of accounting for students entering MBA programs. The materials would be available on a password-protected Web site; students would complete the course through self-study.}

_{Rouse would have to grade the course assignments, but most of the work would be in developing the course materials, setting up the site, and marketing. Unfortunately,}

_{Rouse's hard drive crashed before he finished his financial analysis. However, he did recover the following partial CVP chart:}

_{Requirement 1. Select the correct graph that has each axis, sales revenue line, total costs line, fixed costs line, operating income area, and breakeven point labeled correctly. (Enlarge each graph before selecting your answer.)}

_{Requirement 2. If Rouse attracts 300 students to take the course, will the venture be profitable? Explain your answer.}

1. Label each axis, the sales revenue line, the total costs line, the fixed costs line, the operating income area, and the breakeven point. 2. If Rouse attracts 300 students to take the course, will the venture be profitable? Explain your answer. 3. What are the breakeven sales in students and dollars? If Rouse attracts 300 students to take the course, the venture The graph shows the operating will be if 300 students register for the course