Monty Corporation is comparing two different options. Monty currently uses Option 1, with revenues of $60,000 per year, maintenance expenses of $4,600 per year, and operating expenses of $23,900 per year. Option 2 provides revenues of $55,000 per year, maintenance expenses of $4,600 per year, and operating expenses of $20,200 per year. Option 1 employs a piece of equipment which was upgraded 2 years ago at a cost of $16,000. If Option 2 is chosen, it will free up resources that will bring in an additional $3,500 of revenue. Complete the following table to show the change in income from choosing Option 2 versus Option 1. Designate Sunk costs with an "S" otherwise select "NA". (If amount decreases net income then enter the amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Incoi Increase (Dec Option 1 Option 2 Revenues $ $ $ Maintenance expenses Operating expenses Equipment Major+Group-Pr...docx 9 Major Group Proj...docx Marketing Plan P.docx Show all C - Your Leadership Philosophy: (10 marks - 3%) In your Personal Leadership Assessment (module 7), you analyzed the principles, beliefs, values, ideals, norms, and standards that you consider important and essential to you as a leader. These items determine who you are as a leader and as a person. They summarize the character you have as a leader. Evaluate these items and build them into your Personal Leadership Reflection (plan). Ask yourself, "What values and beliefs are essential to me as a leader?" "What standards and norms are non-negotiable to me as a leader?" "How will they affect my leadership and what would that look like?" D - Your Leadership Strengths: (10 marks - 3%) Throughout this course you have studied various characteristics, behaviours, and attitudes of leaders. You have looked at them in terms of "leaders-followers-situations". In week seven (module 7) you reviewed your past and present context and those areas of strength that you feel you have exhibited as you worked with others. Now in your Personal Leadership Reflection you will discuss and evaluate these strengths in terms of your future leadership plan. Ask yourself, "How will I use these strengths and in