\begin{tabular}{l|l|} \hline 2 & 25 minute time limit \\ \hline 4 & Complete and submit in Blackboard using Excel, Word, pdf or a picture (but not in a ".numbers" format) \\ 6 & You own an outdoor theatre, putting on shows (in the summer). \\ 7 & Financial information for the 2022 season is below: \\ 9 & Total fixed costs: $1,800,000 \\ 10 & Variable costs per (admission) ticket sold: $6 \\ 12 & Ticket sales: 60,000 tickets \\ 13 & Ticket price: $30 per ticket \\ 14 & Other revenues: None \\ 16 & The following is predicted for the 2023 season: \\ 18 & Ticket price (per ticket) will increase by $5 in 2023 \\ 19 & Variable cost (per ticket) will decrease by $1.50 (more using the app for tickets) in 2023 \\ 20 & Fixed costs will increase by $100,000 for ticket app development and maintenance. \\ 22 & The only other changes for 2023 are indicated specifically for you below (use only yours!): \\ 23 & based on the first letter of your last name. \\ 24 & A, B: $110,000 increase in advertising will result in a 10% increase in tickets sold \\ 25 & C, D: $120,000 increase in advertising will result in a 15% increase in tickets sold \\ 26 & G, H: $130,000 increase in advertising will result in a 20% increase in tickets sold \\ 27 & L, M: $140,000 increase in advertising will result in a 25% increase in tickets sold \\ 28 & O, R: $150,000 increase in advertising will result in a 40% increase in tickets sold \\ 29 & S, T: $170,000 increase in advertising will result in a 50% increase in tickets sold \\ 30 & Prepare (in the box below) a 2023 Contribution Format Income Statement \\ \hline 31 & Prep \\ \hline \end{tabular}