Currency Normal 2 Copy : Format Painter Times New Ro12 BIU. | AA Wrap Text S.A. #E*Merge & Center $ - %, 9. Conditional Format as Normal Formatting Table- Clipboard Font Alignment Number 1 1 X A B C D E F G H Using the Goal Seek Function Find; SO Cost per item for a net income break even at 1,000,000 units Sales Less: Variable Costs Less: Fixed Costs Earnings Before Interest and Taxes 0 Less: Interest Expense Earnings Before Taxes 12 Taxes 13 Net Income 14 15. Less: Preferred Dividends 15.000.000 (15,000,000) 5.000.000 (20,000,000) (7,000,000) (13,000,000 Unit Sales required to have EBIT = 0 at a price of $50.00 100,000 (13.100.000) 3,000,000 (37) S 16 Net Income Available to COMMON 17 Comunion Shares Outstanding 18 Earnings per Sliare 19 20 Assumptions 21 Price per uit 22 Unit sales 23 Variable Casts as a Percent of Sales 24 Tax Rate 50% 3.59 26 30