Given that we have a page of size 500x500 pixels with 400 words of text on it and the average word length is 6 letters and that we only have uppercase letters, lowercase letters, and spaces (i.e., assume no punctuation). How many bytes are required to save the text information on this page: (1) by storing the image? (2) by using a binary code for each letter and space and then saving the characters in this manner? [Explain your reasoning.]