extract scrap metal at the site for 24 months, and then will clean up the site, retum the land to useable condition, and sell it to a developer. Projected costs associated with the project follow: (Click the icon to view the project costs.) Read the requirements. Requirement 1. Assuming that Life Cycle expects to salvage 30,000 tons of metal from the site, what is the total project life cycle cost? The life-cycle operating income Life Cycle wants to earn is Now complete the projected life-cycle income statement to determine at what price Life Cycle must sell the land at the end of the project to achieve its target profit per ton. life-cycle cost as in requirement 2, by how much would the company have to reduce its total project life-cycle cost? First, compute Life Cycle's mark-up percentage in requirement 2. Determine the formula, then compute the mark-up percentage. (Round mark-up to the nearest whole percentage.) Finally, how much would Life Cycle have to reduce its total project life-cycle cost? Life Cycle would have to reduce its total project life-cycle cost by to maintain the same mark-up percentage as in requirement 2. Data table