Entertainment is a provider of cable, Internet, and on-demand video services. LOADING...(Click the icon to view additional information.) . . . Question content area top right Part 1 has gathered its cost data for the past year by quarter for paper, toner cartridges, printer maintenance costs, and postage costs for the billing department. LOADING...(Click the icon to view the cost data.) Read the requirementsLOADING.... Question content area bottom Part 1 Requirement 1. Calculate the variable cost per bill mailed under the current paper-based billing system. Use the high-low method. The variable cost per bill mailed under the current paper-based billing system is . Part 2 Requirement 2. Assume that the company projects that it will have a total of bills to mail in the upcoming quarter. If enough customers choose the paperless billing option so that % of the mailings can be converted to paperless, how much would the company save from the paperless billing system (be sure to consider the cost of the paperless billing system)? By using the paperless billing system, the company would save . Part 3 Requirement 3. What if only % of the mailings are converted to the paperless option (assume a total of bills)? Should the company still offer the paperless billing system? Explain your rationale. A. If only % of the mailings are converted to the paperless option, the company should no longer offer the paperless billing system because the company loses $ by using the paperless billing system. B. If only % of the mailings are converted to the paperless option, the company should continue to offer the paperless billing system because the company saves $ by using the paperless billing system. C. If only % of the mailings are converted to the paperless option, the company should continue to offer the paperless billing system because the company saves $ by using the paperless billing system. D. If only % of the mailings are converted to the paperless option, the company should no longer offer the paperless billing system because the company loses $ by using the paperless billing system.