Show all the necessary steps and/or reasoning that lead to your answers.

1a. Use the following to calculate profit at each quantity of output

\f(Total) Output Price Total revenue Total cost Marginal Marginal (0) (P) (TR) (TC) revenue cost $1,900 SO $1,000 1 $1,700 $1,700 $2,000 2 $1,650 $3,300 $2,800 3 $1,600 $4,800 $3,500 4 $1,550 $6,200 $4,000 5 $1,500 $7,500 $4,500 6 $1,450 $8,700 $5,200 7 $1,400 $9,800 $6,000 8 $1,350 $10,800 $7,000 9 $1,300 $11,700 $9,000General Barclays Microsoft Motors Bank Sales $50,091 5730 2750 Wages and salaries 29052 3932 400 cost of equity capital 12100 750 35 interest on debt 7585 275 5 cost of materials 6500 556 1650