HELP ASAP PLS

QUESTION 4

You are part of a group of owners who wish to invest money into a new tour business. Use the information below to calculate the required information asked of you for this question, using the Bottom-Up Pricing method.

*Note*

Only find the answer to the single question being asked of you in this question; do not complete all the Bottom-Up Pricing steps. Previous steps information is provided below to assist you.

Calculate the Pre-Tax Profit required to meet the owners desired rate of return. Round to the nearest dollar.

Owners Desired Rate of Return	$59578
New Equipment Value	$198541
Loan Amount	$394391
Interest Rate %	11%
Income Tax Rate %	23%
Insurance Expense	$145520
Fixed Wages	$161917
Depreciation Rate %	11%
Food Cost %	12%
Variable Wage %	14%
Other Variable Expenses %	17%
Maximum # of Tour Guests per Tour	21
Average Occupancy % of Tours	84%
# of Tours per month	13