Two friends start their own business, where they knit and sell scarves and sweaters out of high-quality wool. They can make a profit of \(\$ 8\) per scarf and \(\$ 10\) per sweater. To make a scarf, 3 bags of knitting wool are needed; to make a sweater, 4 bags of knitting wool are needed. The friends can only make 8 items per day, and can use not more than 27 bags of knitting wool per day. Write the inequalities that represent the constraints. Then summarize what has been described thus far by writing the objective function for profit and the two constraints.