Please answer question 13 in terms of Agency Theory Concepts: 13 Let's fast forward another couple of years. Donna decided to pursue other interests and sold her interest in the business to Mike, Mike is strictly an owner and does not actively take part in the business. Donna is no longer part of the business in any capacity Diana found she needed to hire a number of employees. She hired Jim, who reports to her as VP Operations and Jim hired Tom who reports to Jim and is responsible to oversees the scone making operation. Tom supervises a small direct labor work force. Diana reports to the Board of Directors. Required: Select any two of the following and indicate whether that person/position is an agent, a principle or both. In 25 words of less explain your choice. a. Jim would be considered a(n) because b. Diana would be considered a(n) because c. Mike would be considered a(n) because