In Its First Year,Joe's Start-Up Company Had Revenues of $125,000

Multiple Choice

In its first year,Joe's Start-Up Company had revenues of $125,000 and cost of goods sold of $81,250,which was the only variable cost.Depreciation was $20,000,and cash costs were $5,000 in financing costs,admin expenses of $50,000,and $45,000 in marketing expenses - all of which were fixed.What is the survival breakeven revenue?

A) $342,857
B) $285,714
C) $271,429
D) $184,615
E) $153,846