SnowDreams operates a Rocky Mountain ski resort. The company is planning its lit-ticket pricing for the coming ski season. Investors wodd Me to earn a 15% return on the company's $100 million of a The company inc primarily fixed costs to groom the runs and operate the lifts SnowDreams projects fxed costs to be $33,758,000 for the ski season. The report serves about 750.000 skiers and anreboarders each season Variable so about 10 per guest Currently, the resort had such a favourable reputation among skiers and snowboarders that had sote control over the Assume that SnowDreams' reputation has diminished and other resorts in the vicinity are charging only $65 per in schat SnowDreams has become a price-taker and won't be able to charge monothe market price, SnowDreams managers believe they will still serve 750,000 skiers and snowboarders each seaso Requirements 1. If SnowDreams can't reduce its costs, what proft wit eam? State your answer in dolan and as a percent of a waimons be happy with the prit level? Show your analysis prate at shortal (se parentheses a man sign so show a profit shortfall Complete the following table to calculate SnowDreams projected income and exce Revenue et market price Lass Total costs Operating income Compared to the desked operating inconia of Expected excess profit proft shorttall