More info Investors would like to earn a 14% return on investment on the company's $183,750,000 of assets. Snow Fanatics projects fixed costs to be $33,000,000 for the ski season. The resort serves about 725,000 skiers and snowboarders each season. Variable costs are about $10 per guest. Last year, due to its favorable reputation, Snow Fanatics was a price-setter and was able to charge $5 more per lift ticket than its competitors without a reduction in the number of customers it received. Assume that Snow Fanatics' reputation has diminished and other resorts in the vicinity are charging only $86 per lift ticket. Snow Fanatics has become a price-taker and will not be able to charge more than its competitors. At the market price, Snow Fanatics managers believe they will still serve 725,000 skiers and snowboarders each season. Snow Fanatics operates a Rocky Mountain skd resort. The company is planning its lift licket pricing for the coming ski season (1) (CIick the icon to view the information) Read the requiremmis Requirement 1. If Snow Fanalics cannot reduce its costs, what profit will it earn? State your answer in dollars and as a percent of assets War investors ben happy with the profit level? Complote the following table to calculate Snow fanatics' projected income