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A small company provides an incentive plan for its top executives. Each executive receives as a bonus a percentage of the portion of the annual

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A small company provides an incentive plan for its top executives. Each executive receives as a bonus a percentage of the portion of the annual profit that remains after the bonuses for the other executives have been deducted (see the table). If the company has an annual profit of $2 million, find the bonus for each executive President Associate vice-president 4.18% 2.86% Executive vice-president Assistant vice-president 3 29% 248% President Executive vice-president Associate vice-president Assistant vice-president (Round to the nearest thousand as needed.)

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