3 Question 11 (Mandatory) (3 points) Suppose a hotel has annual fixed costs applicable to its rooms of $2,000,000 for its 300-room hotel. Average daily room rents are $50 per room and average variable costs are $10 for each room rented. It operates 365 days per year. If the hotel is completely full throughout the year, what is the operating income for one year? $2,380,000 $4,380,000 $1,280,000 $3,180,000