Question $3$

Below is the trailing twelve months profit $/$ loss statement for ABC Company:

If ABC Company wanted to conduct a $$500,000$ advertising campaign to promote its spring

product line$-$up$,$ how much revenues would ABC Company need to breakeven on the

advertising campaign and cover its costs of goods sold $/$ variable expenses?

$$1,250,000$

$$2,500,000$

$$3,250,000$

$$3,500,000$