Cathy's Towels sells three items (which it purchases from a supplier): bath towels, hand towels, and washcloths in a 4:2:2 mix (thus, a batch of 8 towels has 4 bath towels, 2 hand towels, and 2 washcloths). Each bath towel sells for $11 and costs $5, each hand towel sells for $4 and costs $1; and each washcloth sells for $2.50 and costs $1. The shop's annual fixed expenses are $318,000, and the income tax rate, t, is 40%. How many bath towels must the firm sell at the breakeven point? (Round per-unit amounts to 2 decimal places; round other intermediate calculations to nearest whole dollars.) Multiple Choice 22,499. 38,499. 46,499 53,499 83,499