Duck Pond Ballet Company offers two types of memberships: student and avid. The annual fee is $385 for a student membership and $895 for an avid. Variable costs that cover the supplies, mementos and shipping of a membership package is $39.75 for a student membership and $78.50 for an avid. Duck Ponds fixed costs include studio rent of $325,000, office supplies of $15,000 and marketing expenses of $135,000. Create a spreadsheet that provides the income position of the company for the upcoming year. The company projects membership demand to be 685 for students, and 1,425 for avid members. What is a more profitable membership type for the company? Determine the break-even for each membership type, assuming that fixed expenses are allocated equally between the two types of memberships. Provide a chart showing the break-even point for each membership type