12 2 3 Inputs A B U D E F G H J K 1 You are thinking of opening a small copy shop. It costs $5000 to rent a copier for a year, and it costs $0.03 per copy to operate the copier. Other fixed costs of running the store will amount to $400 per month. You plan to charge an average of $0.10 per copy, and the store will be open 365 days per year. Each copier can make up to 100,000 copies per year. Cells B4 to B10 are all inputs (no formulas). Shade them blue and enter in the information from the passage above. Cells B13 and B14 are trial values; again, these are simply inputs to your model. What is the formula for copies made, in cell B15? Do not use any $ in your formula. 4 Yearly rental cost $5,000 5 Other monthly fixed costs $400 6 Cost per copy $0.03 7 Charge per copy $0.10 8 Days per year 365 9 Months per year 12 10 Copies per copier per year 11 100,000 12 Profit model 13 Copiers rented (trial value) 14 Daily demand (trial value) 15 Copies made 16 Annual profit 17 18 19 20 21 222222 273.97 (B8* ,B13* What is the annual profit if 4 copiers are rented and daily demand is expected to be 15,000 copies? Round your answer to the nearest dollar.