2-25 Motel Rentals The Holiday Motel has amual fixed costs applicable to its rooms of $3.2 million for its 400 room motel, average daily room rents of $50, and average variable costs of $10 for each room rented. It operates 365 days per year. 1. How much net income on rooms will be generated (1) if the motel is completely full throughout the entire year and (2) If the motel is half full? 2. Compute the break-even point in the number of rooms rented. What percentage of occupancy for the year is needed to break even