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Mountaintop golf course is planning for the coming season. Investors would like to earn a 12% return on the company's $45,000,000 of assets. The company

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Mountaintop golf course is planning for the coming season. Investors would like to earn a 12% return on the company's $45,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $23,000,000 for the golfing season. About 440,000 golfers are expected each year. Variable costs are about $18 per golfer. The Mountaintop golf course is a price-taker and won't be able to charge more than its competitors who charge $106 per round of golf. What profit will it earn in terms of dollars? A. $(15,720,000) O B. $(23,000,000) O C. $31,560,000 OD. $15,720,000

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