Davis Entertainment sponsors rock concerts and charges an average of $40 per ticket. The company is planning its next concert and is considering a contract to hire a band, paying $95,000 per concert. The cost of the facility itself will be $20,000 plus $1 per ticket sold. Additionally, Davis must pay the city a fee of $0.50 per ticket sold.

1. Are the above costs fixed (FC), variable (VC), or mixed (MC)?
2. Assuming there are no other costs associated with this concert, what will Davis total profit be if 5,000 tickets are sold? 10,000?