Managers of Pharoah Distributors are evaluating the compensation system for the company's sales personnel. Currently, the two salespeople have a combined salary of $52,800 per year and earn a 3% sales commission. The company is considering two alternatives to the current compensation system. The first alternative is to reduce total salaries to $21,400 and increase the sales commission to 5%. The second alternative is to eliminate the salaries and pay a 25% sales commission Sales projections under each of the compensation systems are as follows: Current system $ 914,000 Salary and 5% commission $ 1,128,000 25% commission $ 1,328,000 (a) Write the cost equations for the current compensation system and both alternative compensation structures. (Round percentages to 2 decimal places, e.g. 0.04.If the cost equation has no variable or fixed component, enter for the amounts.) * sales) + $ Current system Salary and 5% commission -( 25% commission x sales) - $ * sales) + $ (b) Given Pharoah's sales projections, and assuming that the cost of goods sold is equal to 30% of sales, which pay system would be the most profitable one for the company? Ignore all other costs. (Round percentages to 2 decimal places, e.g. 0.04 and final answers to o decimal places, 5,725.) Current system Salary and 5% commission 25% commission $ $ The most profitable pay system is