Kenton and Denton Universities offer executive training courses to corporate clients. Kenton pays its instructors $5,418 per course taught. Denton pays its instructors $301 per student enrolled in the class. Both universities charge executives a $348 tuition fee per course attended. Required a. Prepare income statements for Kenton and Denton, assuming that 18 students attend a course. b. Kenton University embarks on a strategy to entice students from Denton University by lowering its tuition to $228 per course. Prepare an income statement for Kenton assuming that the university is successful and enrolls 37 students in its course. c. Denton University embarks on a strategy to entice students from Kenton University by lowering its tuition to $228 per course. Prepare an income statement for Denton, assuming that the university is successful and enrolls 37 students in its course. e. Prepare income statements for Kenton and Denton Universities, assuming that 14 students attend a course, and assuming that both universities charge executives a $348 tuition fee per course attended. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required E Prepare income statements for Kenton and Denton, assuming that 18 students attend a course. University $ $ Tuition revenue Total cost of instruction Net income (loss) Kenton 6,246 X 5,418 828 Denton 6,264 5,418 846 $ $ Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required E Prepare income statements for Kenton and Denton Universities, assuming that 14 students attend a course, that both universities charge executives a $348 tuition fee per course attended. $ University Tuition revenue Total cost of instruction Net income (loss) Kenton $ 4,104 X 5,418 $ (1,314) Denton 4,104 X 4,214 (110) $