Customer Profitability Analysis Gonalong, Inc. has 10 customers that account for all of its $4,430,000 of net income. Its activity-based costing system is able to assign all costs, except for $650,000 of general administrative costs, to key activities incurred in connection with serving its customers. A customer profitability analysis based on activity costing produced the following customer profits and losses: Customer +1 $326,000 #2 624,000 (247,000) 939,000 45 1,020,000 +6 852,000 ") 600.000 #B 352,000 Total (05,000) 10 $5,080,000 Prepare a customer profitability profile like the one in Exhibit 18.3. The following link includes an Excel worksheet to create the profitability profile graph: profitability profile template. Using the customer profitability analysis provided in the exercise to calculate the following profits. (i) Calculate the total profits from the 3 most profitable customers (i) Calculate the total profits for the 5 most profitable customers (iii) Calculate the total profits for the 8 most profitable customers $ 0 (iv) Calculate the total profits for the 9 most profitable customers