I.Assume you have a fixed amount of pasture.The table below shows the relationship between the number of steers run on the pasture and the amount of beef produced.Complete the table using the following information:Total fixed costs (pasture ownership) = $10,000, variable cost of $700per steer, and a beef price of $130.00 per cwt.USE 2-decimal point accuracy in table.

No. of Output Total Total Total Average Average Average Marginal Marginal steers (cwt. of Variable Fixed Cost Variable Fixed Total Cost Revenue (Head) beef Cost Cost Costs Costs Cost 0 0 0 10,000 10,000 XXX XXX XXX XXX XXX 20 125 14,000 10,000 24,000 112 80 192 112 130 40 250 28,000 10,000 38,000 112 40 152 112 130 60 400 42,000 10,000 52,000 105 25 130 93.33 130 80 540 56,000 10,000 66,000 103.70 18.52 122.22 100 130 100 670 70,000 10,000 80,000 104.48 14.93 119.40 107.69 130 120 795 84,000 10,000 94,000 105.66 12.58 118.24 112 130 140 915 98,000 10,000 108,000 107.10 10.93 118.03 116.67 130 160 1,005 112,000 10,000 122,000 111.44 9.95 121.39 155.56 130 180 1,085 126,000 10,000 136,000 116.13 9.22 125.35 175 130 200 1, 155 140,000 10,000 150,000 121.21 8.66 129.87 200 130 220 1,215 154,000 10,000 164,000 126.75 8.23 134.98 233.33 130