Problem 3 Municipal Hospital, a not-for-profit acute care facility, has the following cost structure for its inpatient services: Fixed costs Variable costs per patient day Charge per patient day $12,000,000 $400 $1,200 The hospital expects to have a patient load of 20,000 patient days next year. a. Construct the hospital's base case project income statement (P&L) for the year. b. Calculate the break-even point in patient days. c. What volume is required to produce a profit of $2,000,000?