Consider a chocolate maker that will need 10,000 tons of cocoa beans next year. Suppose the current market price of cocoa beans is $1400 per ton. At this price, the firm expects earnings before interest and taxes of $22 million next year. What will the firm's EBIT be if the price of cocoa beans rises to $1950 per ton? What will EBIT be if the price of cocoa falls to $1200 per ton? What will EBIT be in each scenario if the firm enters into a supply contract for cocoa beans for a fixed price of $1450 per ton?