The balance sheet of sweet company at december 31, 2019, includes the following. notes receivable $54,600 accounts receivable 191,700 less: allowance for doubtful accounts 26,300 $220,000 transactions in 2020 include the following. 1. accounts receivable of $147,000 were collected including accounts of $64,400 on which 2% sales discounts were allowed. 2. $5,620 was received in payment of an account which was written off the books as worthless in 2019. 3. customer accounts of $26,500 were written off during the year. 4. at year-end, allowance for doubtful accounts was estimated to need a balance of $26,900. this estimate is based on an analysis of aged accounts receivable.

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.)