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Crane Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $48 throughout the country to loyal alumni of over 2,600 schools. Crane's variable costs are 43% of sales: fixed costs are $114,000 per month Assume that variable costs increase to 46% of the current sales price and fixed costs increase by $13,000 per month. If Crane were to raise its sales price by 12% to cover these new costs, what would be the new annual breakeven point in sales dollars? (Round sales price to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.) $ 2,586,179 Breakeven sales (d) Your answer is incorrect. Assume that variable costs increase to 46% of the current sales price and fixed costs increase by $13.000 per month. If Crane were to raise its sales price 12% to cover these new costs, but the number of blankets sold were to drop by 5 what would be the new annual operating income? (Round sales price to 2 decimal places, e.g. 52.75 and final answer to decimal places, eg. 5.275)