Patsy smith is planning to sell her special knife for $15 per unit. She purchases units from a local distributor for $6 each. She can return any unsold units for a full refund. Fixed costs for booth rental, including lighting and security is $450. Q1: Required: Management would like to achieve a target profit after taxes of $300,000. The company's income tax rate is 25 percent. What target profit before taxes is required to achieve the $300,000 after-tax? (10 marks)