Question B: The MV Mermaid loaded 11,500 mts 1/04 Rd & stop lb- @kgs ar daudc- "wire rod" at freight rate US$31 per ton in Xingang, China and discharge at Kuantan, Malaysia then ballast to Tok Bali, Malaysia to load 11,500 mts Iron ore at US$14 per ton and sail back to Qingdao, China. The ship size is 14,026 DWT. Fuel consumption is 10 tons fuel oil per day and 0.7 tons diesel oil per day at sea, and 1.5 ton per day diesel oil per day at port. Fueli price is US$300 per ton, and diesel oil US$ 570 per ton at Singapore. The operation cost is US$4,500 per day. Port cost is US$55,000 at Xingang, 60,000 at Qingdao, China, US$45,000 at Kuantan, and US$ 50,000 at Tok Bali, Malaysia. India Visakhapatnam Xingang (Tianjin) Pengal area (RP) South thina B Shanghai EAST CHINA Formosa rait (RP) O Tenan Hong Kongo Nepal Bhutan Bangladesh Myanmar Haiphong PH SOUTH CHINA SEA vietnam Ko Si Chang Philippines SULU SEA plombo Tok Bali Kuantan BruneiceLEBES SEA Malaysi Chennai The distance from Xingang (China) to Kuantan (Malaysia) is 2784 nm, and sailing speed is 14.5kts. The total port time for this trip (loading and unloading) is 10 days. The ballast trip from Kuantan to Tok Bali take one day only. The backhaul from Tok Bali to Qindao takes the same number of sailing days, and the port time is only 6 (include loading and unloading). 1. What is the total voyage cost? What is the total cost? 2. What is the total revenue? 3. What is the net earning? What is the earning if fixed cost is not deducted? 4. What is the net earning if there is no cargo to carry from Tok Bali to Qingdao?