pls show all steps

Rocky Pines golf course is planning for the coming season. Investors would like to earn a 12% return on the company's $50,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $23,000,000 for the golfing season. About 420,000 golfers are expected each year. Variable costs are about $18 per golfer. Rocky Pines golf course is a pricetaker and won't be able to charge more than its competitors who charge $113 per round of golf. What profit (loss) will it earn as a percent of assets? (Round the percent to two decimal places.) Profit of 33.80% Profit of 163.61% Loss of 33.80% Loss of 105.35%