Required Infomation (The following information applies to the questions displayed below The Parent Toacher Assoctation (PTA) of Moadow Hgh School ts planning a fund-raling campalgn. The PTA Is considertng the possibility of hinng Erkc Logan, a world-renowned Irvestmont counselor, to addrocs the public Tickets would sell for $28 each The school has agreed to let the PTA use Harville Auditorlum at no cost. Mr. Logan Is wlling to accept one of two compensation arrangements. He will sign an agreement to receve a fixed fee of $10.000 regardless of the number of tickets sold Alternativoly, he will accept payment of $20 per ticket sold. In communities similar to that In which Meadow ts located, Mr. Logan has drawn an audtence of approximately 500 people b-1 Assume the PTA pays Mr. Logan a fbsed feo of $10000 Determine the amount of net Income that the PTA will oarn If ticket salos are 10 percent higher than expected. Calculate the percentage change In net Income b-2. Assume that the PTA pays Mr. Logan a foxed fee of $10,000 Determine the amount of net income that t salos are 10 percent lower than expected. Calculate the percentage change in net Income b-3. Assume that the PTA pays Mr. Logan $20 per ticket sold. Detormine the amount of net income that the PTA will eam if ticket salos are 10 percent higher than expected. Calculate the percentage change in net income b-4. Assume that the PTA pays Mr. Logan $20 per ticket sold. Determine the amount of net income that the PTA will eam f ticket sales are 10 percent lower than expected. Calculate the percentage change in net income the PTA will eam if scket (For all requirements, Negative amount should be indicated with a n minus sign) Complete this question by entering your answers in the tabs below. Reg B1 Req 02 Rea 83 Reg 04 Assume the PTA pays Mc Logan a foced fee of $10,000. Decermine the amount of net income that the PTA will eam if ticket sales are 10 percent higher than expected. Calculate the percentage change in net income. Net income Percentage change in Net inoome Req 82 12 or 15