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Exercise 6-17 (Algo) Analyzing a special offer for a service company LO P3 Grand Garden is a hotel with 240 sulles. Its regular suite price is $210 per night per suite. The hoter's total cost per night is $150 per suite and consists of the following The hotel manager receives an ofter to hold the local Biker' Club meeling at the hotel in March which is the hoters slow season with a low occupancy tate per night. The Bikers' Club would reserve 220 suales lor one night if the hotel accepts a price of $118 per night. (o) What is the contrithotson magin from this special ofler? (b) Should the Blikers' Club ofler be accepted or rejected