ASGC is also considering adding tennis racquets to the product lines it produces. This would require a $500,000 modification to its factory as well as the purchase of new equipment that costs $1,600,000. The variable cost to produce a tennis racquet would be $55, but John thinks that ASGC could sell the racquet at a wholesale price of $75. John thinks that if ASGC sells the racquet at a lower price, many other retailers might decide to carry it. However, the vice president of ASGC thinks that the tennis racquet is a superior product and that ASGC should sell it for $99.99 to upscale country clubs only. The higher price would give a prestige image. Questions based on the above (10 pts)7. If ASGC produces tennis racquets, how many racquets must it sell at $75.00 and $99.99 to break even? •Breakeven units at 75.00 _______________________________. •Breakeven units at 99.99 _______________________________. •Which price do you recommend and why? __________________________