Trend-Rite Toiletries, Inc. has developed an addition to its Lizardman Cologne line tentatively branded Eau du Toade Cologne. Unit variable costs are 45 cents for a 3 ounce bottle, and heavy advertising expeditures in the first year would result in total fixed costs of $900,000. Eau du Toade Cologne will be priced at &7.50 for a 3 ounce bottle. How many bottles of Eau du Toade must be sold in the first year to break even? Show your work.
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