Please help to complete questions 7 through 13. Thank you very much

Technology Advances: After several years of utilizing the da Vinci robot, new technologies and new equipment have entered the market. The most recent monthly operating expenses for da Vinci were presented: Table 3 Operating Expenses Salaries and Wages 9,500.00 Employee Benefits 3,325.00 Supply Expense - da Vinci 20,000.00 Supply Expense - Other 5,000.00 Lease Expense 62,000.00 Maintenance Expense 14,000.00 Depreciation Expense 1,500.00 Allocated Hospital Expenses 10,000.00 $ 125,325.00 The salaries and wages related to da Vinci surgeries are the support personnel which include RN's, Medical Assistant's, etc. during the procedure. Employee benefits are related to the support personnel of the da Vinci procedures. The supply expense - other relates to expenses associated with the surgical procedures done by the da Vinci but are not directly for the da Vinci equipment itself (sponges, linens, etc.). The lease expense in Page 5 of 8the monthly lease for the da Vinci. Maintenance expense is the support agreement to maintain the da 'v'inci. Depreciation expenses are for other equipment located within the da v'Inci surgery suite. Allocated Hospital Expensa are xed overhead expenses that are incurred and would be absorbed by other departments if da 'v'inci surgeria did not occur. For the purposes of the analysis, management has determined the following: Table 4 Average Cases Per Month 12 Average Revenue per case 5 5,500.03 T. Calculate the contribution margin. Be sure to identify the variable versus the fixed expenses and the determination of variable vs xed. 3. Based on the determination you made in the above question, discuss the breakeven point in number of casa per month. What are the implications associated with this number? As part of the overall discussion concerning the da 1yin-3i surgical system, management is contemplating the new technological advances in the system as well as the fact that the existing lease is ending. Given the situation, management is evaluating the current number of procedures, an expansion of the robotic surgical system with addition of an additional surgeon, and the lease for a new system. Table 5 New Robot Cost $ 2,500,000.00 Cost of Financing 5.25% Lease Term (Years) Average Cases Per Month 20 Average Revenue per case S 6,500.00 9. Determine the monthly payment for the new lease for the da Vinci robot. 10. Assuming that other existing variable and fixed costs carryover for the next 4 years (Table 3 except for new lease amount) and that this is an operating lease, what is the NPV of da Vinci robot investment assuming a 12% discount rate. The value of the da Vinci at the end of the lease will be $500,000. 11. What is the new break-even point? 12. Is this a profitable venture for the hospital? If profitable, is it profitable enough? Why or why not? If it is not profitable, should the da Vinci robot be discontinued? Why or why not? This should be a qualitative analysis as well as quantitative. Saving Lives? Recently, there has been an inquiry into whether robotic surgical procedures provide any net benefits to patients based on the costs. The Seattle Times on July 7, 2012 originally published an article, "Use of surgical robots booming despite hefty cost," http://seattletimes.com/html/localnews/2018631542 robot08m.html. Recently, CNBC posted a series dated from April 18, 2013, http://www.cnbc.com/id/100650872 The IMA Code of Ethics describes the ethical framework in which management accountants should operate. More often than not, decision makers ask management accounts to perform analysis based on certain facts and predictions. These analysis are turned in to potential models that are reviewed in order to make final decisions. In a hypothetical situation, you have performed all the analysis above and noted that the net present value of performing robotic surgical procedures exceed 15%. After reviewing your report, you become knowledgeable of information concerning a figure that was not part of the original calculations... Risk management has determined that the cost of lawsuits due to complications and potential loss of life Page 7 of 8associated with robotic procedures will reduce profitability to 3%. Management has decided to perform robotic procedures. 13. So, what do you do? This question should be answered an in essay format with a clear beginning, middle and end. You should use transitions between paragraphs and be readable to a knowledgeable business person. This means you will need to discuss the IMA Code of Ethics and how it applies to this situation. This question should not exceed 5 pages double spaced. With that said, a one page answer will not suffice either. The focus of this question is the usage ( or lack thereof) of the new report