Magnolia Manufacturing makes wing components for large aircraft Kevin Chol is the production manager, responslble for manufacturing, and Michelte Michaels is the marketing manager. Both managers are paid a fat salary and are ellgible for a bonus. The bonus is equal to I percent of their base salary for every 10 percent proft that exceeds a target. The maximum bonus is 5 percent of salary. Kevin's base salary is $360,000 and hifichelle's is $420,000. The target proft for this year is $8m mison. Kevin has read about a new manufacturing technique that wouid thcrease annual profit by 20 percent. He is unsure whether to employ the nevi technkque this year, wait, or not employ it at all. Using the new techntque will not affect the target. Required: a. Suppose that pront without using the technique this year will be $8 million. By how much will Kewin's and hilcheile's bonus change if Kevin decides to employ the new technique? b. Suppose that profit vithout using the technique this year will be $10.5 milion. By how much will Kevin's and Michelle's bonus change if Kevin decides to employ the new technique? Complete this question by entering your answers in the tabs below. Suppose that profit without using the technique this year will be $8 million. By how much will Kevin's and Michelle's bonus change if Kevin decides to employ the new technique? (Enter your answers in dollars, not in millions.) Suppose that profit without using the technique this year will be $10.5 million. By hovi much will Kevin's and Michelle's bonus change if Kevin decides to employ the new technique? (Round your intermediate percentage answers to nearest whole percent. Enter your answers in dollars, not in millions.)