The management of marigold inc. was discussing whether certain equipment should be written off as a charge to current operations because of obsolescence. this equipment has a cost of $936,000 with depreciation to date of $416,000 as of december 31, 2020. on december 31, 2020, management projected its future net cash flows from this equipment to be $312,000 and its fair value to be $239,200. the company intends to use this equipment in the future.

Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)