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As part of their application for a loan to Lakeside Farm, a property they hope to develop as a bed - and - breakfast operation,

As part of their application for a loan to Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected:
Monthly Fixed cost (loan payment, taxes, insurance, maintenance) $5000
Variable cost per occupied room per night
$30
Revenue per occupied room per night
$80
Assume 30 days per month
At an 80% occupancy rate, what would the monthly profit be?
16,000
13,000
12,000
11,500
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