please show steps

Rocky Mountain Publishing Company is considering introducing a new morning newspaper in Denver. Its direct competitor charges $0.25 at retail, with $0.05 going to the retailer. For the level of news coverage the company desires, it determines the fixed cost of editors, reporters, rent, press -room expenses, and wire service charges to be $300,000 per month. The variable cost of ink and paper is $0.10 per copy, but advertising revenues of $0.05 per paper will be generated. To print the morning paper, the publisher has to purchase a new printing press, which will cost $600,000. The press machine Rocky Mountain Publishing Company is considering introducing a new morning newspaper in Denver. Its direct competitor charges $0.25 at retail, with $0.05 going to the retailer. For the level of news coverage the company desires, it determines the fixed cost of editors, reporters, rent, press -room expenses, and wire service charges to be $300,000 per month. The variable cost of ink and paper is $0.10 per copy, but advertising revenues of $0.05 per paper will be generated. To print the morning paper, the publisher has to purchase a new printing press, which will cost $600,000. The press machine