DW Airlines Ltd. is a small regional airline that has been hit hard by the Covid-19 pandemic. It operates 4 jetliners with a seating capacity of 300 passengers each. During normal times before the pandemic, there were 16 flights per week (832 per annum) with full capacity. The following information has been obtained: . Average one-way fare: $480 . . . . . Food & beverage costs per passenger (no charge to passenger): $80 Variable fuel cost: $11000 per flight. Commission to travel agents paid by DW Airlines (All tickets are booked by travel agents): 10% of fare. Fixed annual lease costs allocated to each flight: $45000 Fixed ground services (baggage handling, maintenance etc) costs allocated to each flight: $5000 Fixed flight crew salaries allocated to each flight: $4500 Recently, DW Airlines has received an offer from X MTtravel Inc, a tour operator on the possibility of renting its jetliners twice a week for corporate trips. MTtravel will pay DW Airlines $70000 per flight to charter the plane & to use the flight crew as well as the ground service staff. MTtravel will be responsible for fuel costs & food & beverage for the passengers on those flights. However, the number of DW Airlines will then be cut down to 14 flights per week (728 flights per annum), if DW Airlines accepts MTtravel's offer. Currently, DW Airlines' number of flights has been drastically cut down to only 6 flights per week due to poor demand as a result of the pandemic. Show the calculations whether DW Airlines Ltd. should accept the offer: (i) Currently (ii) When things are back to normal