Empire Airlines reports the following cost data for the year. The company flew $100$ private flights during the year. A group has offered Empire $$12,300$ for a private flight to Chicago for its members.

Revenue

Wages, salaries, and benefits

Fuel and oil

Food and beverages

Depreciation

Rent

$$21,300$ per flight

$$8,300$ per flight

$$5,800$ per flight

$$760$ per flight

$$365,060$ per year

$$315,000$ per year

$($a$)$ What is the contribution margin from accepting the offer?

$($b$)$ Should the offer be accepted or refected?

Complete this question by entering your answers in the tabs below.

What is the contribution margin from accepting the offer? $($Note: A negative contribution margin should be entered as negative number and will appear in parentheses.$)$

$\backslash$table$[[$EMPIRE AIRLINES,$],[$Contribution Margin,$],[,,],[$Variable costs,,$],[,,],[,,],[,,],[,,],[,,],[,,]]$