Problem: Shutter Plastics produces a variety of plastic items for packaging and distribution. One item, container #145, has had a low contribution to profits. Last year, 20,000 units of container #145 were produced and sold. The selling price of the container was $25 per unit, with a variable cost of $16 per unit and a fixed cost of $70,000 per year.

1. By amending the Question 1 worksheet, what is the profit level for the base case? a. Validate you have constructed a correct, flexible, and documented base-case spreadsheet model that allows the user to easily vary the inputs to the problem and see the resulting revenue, costs, and profit b. There should be no hard-coding in the Calculations and Outputs. c. In the textbox provided in E4:J12, provided at least a one-sentence response to the question asked.