SPECIAL ORDER (6 MARKS) Joy Ltd produces bags. Production capacity is 42,000 bags per year. Joy Ltd is currently operating at 75% capacity. Recently, Happy Ltd has contacted Joy Ltd to place a special order of 11,900 bags. Budgeted costs for 42,000 bags are: variable manufacturing costs $336,000 fixed manufacturing costs $230,000 Bags normally sell for $24 each, and Happy Ltd has offered to pay $17 per bag. Happy Ltd has also requested for the bags to be delivered to its factory upon completion. The additional delivery cost amounts to $26,000. IMPORTANT: If net profits/losses is negative, please include the - (minus) sign in front of the amount and don't put it in parentheses. For any amounts, please don't include the dollar sign ($) or any thousands separator - i.e., $12,000 should be written as 12000. REQUIRED: (a) What is the net profit/loss if special order is rejected? (3 marks) Net profit/loss if special order is rejected: (b) What is the net profit/loss if special order is accepted? (3 marks) REQUIRED: (a) What is the net profit/loss if special order is rejected? (3 marks) Net profit/loss if special order is rejected: (b) What is the net profit/loss if special order is accepted? (3 marks) Net profit/loss if special order is accepted