When a company is operating at its breakeven point A. its total revenues will be equal to its total expenses. B. its contribution margin will be equal to its variable expenses. C. its selling price will be equal to its variable expense per unit. D. its fixed expenses will be equal to its variable expenses.

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above