My Sinclair Signaut Dropbox 1 Chapter 3-1 - 21.SP.HMT... Instructions Complete this assignment and submit it to the dropbox by the required due date and time. Most students use Microsoft Excel to complete the problems and attach the answers. Other students have scanned their answers, and sent it as attachment. 1. Un-jumble the Income statement, put in the proper format, and find the profit or loss. 2. Compute the Break-even Analysis. 3. If profit increased 15,000, how much sales in dollars would need to be generated? 4. If the Avg Sales price is 74.00, how many Units will be needed to break even? Office Supplies Expense 2,500 Cost of Goods Sold 113,500 Depreciation 5,000 Advertising Expense 17,000 Labor Expense 52,500 (65% Fixed) Benefits Expense 17.500 (65% Fixed) Insurance Expense 3.000 Income Taxes 12,725 Administrative Expense 21,825 Sales Returns 4,000 Rent Expense 19,000 Gross Sales 380,000 Utilities Expense 7.000 Sales Allowances 4,500 Interest Expense 4,600 Selling Expense 16,500 Legal Expense 4,500 Submissions