Fred Smith owns the Hollywood Wax Museum. The current entrance fees for one adult to experience the museum is $20 per person. To increase sales, Fred partners with 6 different area hotels that have created museum packages marketed to various tourists. Each hotel pays Fred a different amount for the entrance tickets included in their package. Fred wants to calculate a net entrance yield for each hotel using the information below: 1. Calculate Fred's "Distribution Cost" for each channel 2. Calculate Fred's "Net Entrance Yield" for each channel 3. Calculate Fred's "Net Revenue" for each channel 4. Calculate the overall average "Net Entrance Fee" for the 780 entrance tickets Fred received during the week from these six channels. 5. Based on the information from the readings and lectures, which channel(s) do you believe are Fred's best partners? Explain your answer using material acquired so far this semester