neck my work Exercises 18-36 (Algo) Cost Allocation; Sharing Cab Fare [LO 18-3] [The following information applies to the questions displayed below.] Suppose there are three passengers sharing a single cab ride and that passenger A's usual fare to his destination would be $30, passenger B's usual fare to her destination would be $18, and passenger C's fare would be $48. Because they are sharing the cab, and assuming no surcharge, the total cab fare is $48, rather than the $96 they would have had to pay in total individually. So there is a $48 saving to sharing the cab. Part 1 (Algo) Required: 1. Assume the passengers decide to split the $48 savings based on the relative proportion of how much each passenger would have paid individually if they had not shared the cab. How much will each passenger pay? Passenger A Passenger B Passenger C 2. Assume, instead, that the passengers decide to split the cab fare so that each passenger saves the same absolute amount of money. How much will each passenger pay? Passenger A Passenger B Passenger C