Hardyke Group operates a local after-school recreation and activities program. The Education Department is a state governmental agency. Hardyke has an agreement with the Department to provide services to students in need for a nominal $1 per day, to be paid by the student. The government will reimburse Hardyke for the cost of providing daily services used by a student.

The regular price to participate in the program is $5.30 per day. After analyzing its costs, Hardyke calculates that, with its operating deficit, the full cost of each student for a day is $7.80. All programs that Hardyke offers are unaffected by the number of students paying the nominal fee.

Required:

b. Which price would Hardyke Group prefer?

Note: Enter your answer to 2 decimal places.

c. Which price would the Education Department prefer?

Note: Enter your answer to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.

d. If Hardyke provides an average of 3,300 student-days for in-need children in a given month, what is the monthly value of the difference between the prices in full capacity?