Review the table below, then address all sub-questions

Income		Expenses
Fixed income		Fixed costs
Sponsorship	$2000	Lighting rental	$1500
Broadcasting rights	$3000	Big-top tent rental	$3000
Variable income		Portable washroom rental	$2000
Adult ticket	$50 each	Stage rental	$1000
		Sound system rental	$600
		Variable costs
		Variable costs per adult ticket sold	$14 per ticket

(a) 2 marks

Determine the breakeven point for this event _____________ adult tickets

(b) 2 marks

Assuming that no sponsorship or broadcasting rights income was forthcoming, what would be the breakeven point for this event? __________ adult tickets

(c) 2 marks

Assuming that 200 adult tickets were sold, based on the income and expenses specified in the table above, calculate the profit this event would generate $__________ profit

(d) (expected response length 50 words) 4 marks

You wish to explore renting a better quality big-top tent, and learn that doing so would cost $7000 instead of $3000. Assuming that 170 adult tickets are sold, would the event still make a profit? Explain your answer.