Opulence Corporation operates several large cruise ships. One of these ships, theBellwether, can hold up to 2,600 passengers and cost $520 million to build. Assume the following additional information:

• There will be 300 cruise days per year operated at a full capacity of 2,600 passengers.
• The variable expenses per passenger are estimated to be $85 per cruise day.
• The revenue per passenger is expected to be $425 per cruise day.
• The fixed expenses for running the ship, other than depreciation, are estimated to be $68,952,000 per year.
• The ship has a service life of 10 years, with a residual value of $80,000,000 at the end of 10 years.