Profits have been decreasing for several years at Pegasus Airtines, In an effort to improve the company's performance, consideration is being given to dropping several fights that appear to be unprofitable. A typical income statement for one such flight (Fight 482) follows: The following additional information is avalable about Flight 482 a. Members of the flight crew are paid fixed annual salaries, whereas the flight attendants are paid by the fight. b. One-therd of the liability insurance is a special charge assessed against Filght 482 becouse, in the opinion of the insurarce company, the destination is in a high-isk area. The remaining two-thirds would be unaffected by a decision to drop Flight 482 c. The baggage loading and flight preparation expense is an allocation of ground crew's salaries and depreciation of ground equipment Dropping Fight 482 would have no effect on the company's fotal baggage loading and flight piter d. If Flight 482 is dropped, Pegasus Ainines has no authorization at present to replace it with another flight. f Dropping Flight 482 would not allow Pegasus Altlines to reduce the number of aireraft in its fleet or the number of flight crew on its payroli Required: 1. Prepare an analysis showing what impact droppeng Fight 482 would have on the ainline's profits (Do not round intermediate colculations. Negative amounts should be indicoted with o minus sign.)