Q1. George is a plumbing contractor and he received aninquiry from a potential customer to do all the plumbing work for a building project. George visited the construction site and estimated that plumbing work is about 2400 meters of pipes andhe needs 5 days to finish all the required plumbing work. The cost of buying a meter of pipes is 2 JDs The labor cost is estimated to be 1 JD for each meter. The cost for renting all the needed work equipment's is 80 JDs a day. The cost of movingraw materials and equipments is 250 JDs. The customer requested that George give him the price per meter. George wants to give a competitive price but also make profit on this project, Select only one of the options below for the selling price and use it to solve the following questions. 1) 3.25 JDs per meter 2) 3.5 JDs per meter 3) 3.75 JDs per meter a- George is considering the possibility of that the customer may stop the project and therefore terminate the contract. Therefore George should take a fair initial payment to avoid any losses. This initial payment should be calculated according to the number of meters it represents. Calculate the break-even-point to find the number of meters that the customer should pay for in the initial payment. (2 points) I b- When George completes the project, what is the expected profit? (2 points)