Empire Airlines reports the following cost data for the year. The company flew 100 private flights during the year. A group has offered Empire $11,200 for a private flight to Chicago for its members. $ 20,200 per flight $ 7,200 per flight $ 4,700 per flight $ 540 per flight $ 310,000 per year $ 260,000 per year Revenue Wages, salaries, and benefits Fuel and oi1 Food and beverages Depreciation Rent (a) What is the contribution margin from accepting the offer? (b) Should the offer be accepted or rejected? Complete this question by entering your answers in the tabs below. Required A Required B What is the contribution margin from accepting the offer? (Negative amounts should be indicated with a minus sign.) EMPIRE AIRLINES Contribution Margin Variable costs Required A Required B > margin from accepting the offer? (b) Should the offer be accepted or rejected? Complete this question by entering your answers in the tabs below. Required A Required B Should the offer be accepted or rejected? Should the offer be accepted or rejected? Required A