Population Companies with 500+ employees Cumulative payroll of large companies Median Lubbock 290,805 18 Not available $44,139 Amarillo 262,056 22 Not available $47,053 household income Universities Texas Tech with athletic Football teams Stadium capacity:60,454 Home games: 6 Suites: 76 Baseball Stadium capacity:4,368 Home games: 28 Suites: 0 Basketball West Texas A&M Football Stadium capacity: 20,000 Home games: 5 Suites: 5 Baseball Stadium capacity: 6,100 Home games: 28 Suites: 0 Basketball Arena capacity: 15,000 Arena capacity: 4,700 Home games: 17 Home games: 12 . Suites 0 Suites: 24 Lubbock Christian University Baseball Stadium capacity:6,362 Semi- professional teams Home games: 28 Suites: 0 Basketball Arena capacity: 1,950 Home games: 12 Suites: 0 West Texas Roller Derby Capacity: 2,000 Home games: 3 . Suites: 0 Amarillo Bulls Capacity: 2,848 Home games: 60 Suites: 0 Amarillo Venom . Capacity: 2,848 Home games: 7 Suites: 0 Calculate the per capita sales required to sell out in each city. Note that the baseball team will build a stadium with 9,000 people capacity and plays 38 home games a year. Calculate the per capital sales required to sell out each city including the new baseball team and the existing teams (4 points). Calculate the firms per suite ratio in each city. Note that the baseball team will build a stadium 5 luxury suites. Calculate the firms per suite ratio for each city including the baseball team and the existing teams (4 points) Which city would you recommend as the home for the minor league baseball team? Explain your answer in detail. Your answer must include relevant ratios, but you can make an argument for why the ratios need to be changed to include/exclude certain teams. You can also make the case for other factors you think are relevant. (4 points)