How much I make on each 99 cent story (after retailer & distributor cuts): 56 cents*.
How much I make on each $1.99 title: $1.19*
How much I make on each $2.99 title: $1.80*
How much I make on each $3.99 title: $2.40*
To make minimum wage as a writer, I need to sell monthly:
2219 short stories at 99 cents (74/day), or
1044 titles at $1.99 (35/day), or
690 titles at $2.99 (23/day), or
517 titles at $3.99 (17/day).
So yeah. Let you know when I hit that target.
*via Smashwords. Amazon's royalty structure is different. I don't sell much at Amazon, though, so meh.