Sandy Bank, Inc., makes one model of wooden canoe. Partial information for it follows:

Number of Canoes Produced and Sold		550		750		900
Total costs
Variable costs	$	112,750	$	153,750	$	184,500
Fixed costs		148,500		148,500		148,500
Total costs	$	261,250	$	302,250	$	333,000
Cost per unit
Variable cost per unit	$	205.00	$	205.00	$	205.00
Fixed cost per unit		270.00		198.00		165.00
Total cost per unit	$	475.00	$	403.00	$	370.00

Sandy Bank sells its canoes for $450 each.

Required:
1.	Suppose that Sandy Bank raises its selling price to $500 per canoe. Calculate its new break-even point in units and in sales dollars. (Round your "Unit" answer to the nearest whole number. Round your intermediate calculations to whole dollars and percentages.)

2.	If Sandy Bank sells 1,600 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $500.) (Round your answers to the nearest whole number.)

3.	Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $130,000 profit.(Round your answer to the nearest whole number.)