Fredonia Inc. had a bad year in 2013. For the first time in its history it operated at a loss. The companys income statement showed the following results from selling76500units of product: Net sales $1484100; total costs and expenses $1722200; and net loss $238100. Costs and expenses consisted of the following.Management is considering the following independent alternatives for 2014.(a)Compute the break-even point in dollars for 2014.(Round contribution margin ratio to 4 decimal places e.g. 0.2512 and final answers to 0 decimal places e.g. 2510.)(b)Compute the break-even point in dollars under each of the alternative courses of action.(Round contribution margin ratio to 4 decimal places e.g. 0.2512 and final answers to 0 decimal places e.g. 2510.)