Please provide step by step solution in excel (with formulas)Breaking Even Mountain Cycle specializes in making custom mountainbikes. The company founder, PJ Steffan, is having a hard timemaking the business profitable. Knowing that you have greatbusiness knowledge and solid financial sense, PJ has come to youfor advice. Project Focus PJ would like you to determine how manybikes Mountain Cycle needs to sell per year to break even. UsingGoal Seek in Excel solve using the following: Fixed cost equals$65,000 Variable cost equals $1,575 Bike price equals $2,500