Fly High Airlines is a regional airline operating out of Denver. One of their most popular routes is between Denver and Salt Lake City. Fly High operates one plane on this route and the plane has a capacity of 150 passengers. Fly High charges passengers $60 for this flight. Variable costs are $10 per passenger, and fixed costs for the flight are $4,000. Answer the following questions: ENTER YOUR ANSWERS AS WHOLE DOLLAR AMOUNTS. DO NOT USE DOLLAR SIGNS, COMMAS, DECIMAL POINTS, ETC. 1. How much contribution does Fly High from each passenger? 2. How many passengers must be on each flight to allow the flight to break even? 3. How much profit does Fly High make on a flight with 102 passengers? 4. How many passengers would have to be on the flight to earn a profit of $3,000 before taxes? 5. How many passengers would have to be on the flight to earn an after tax profit of $1,800 if Fly High has a 25% tax rate? 6. The Denver to Salt Lake City flight is usually sold out. Fly High is considering leasing another, smaller plane to handle the overload. The new plane would have a capacity of 40 passengers and have $2,400 of fixed costs per flight. The ticket price and variable cost per passenger would not change. Should Fly High lease and operate the new plane? ANSWER YES OR NO. 7. If Fly High leases the plane described in part 6, what is the minimum ticket price tbew.could becomeschnacconcertow them to break even the flicht