Suppose Cathi knows the following 1. She can sew and sell 400 personalized pillow covers per month 2. She can sell the pillow covers for $20 each 3. The cost to create each pillow cover is $4 4. Her business's only fixed cost is $100 per month for business insurance What is Cathi's business's profit per month? $6,300 $6,400 $16 Not enough information is provided to answer the question. Suppose Mira knows the following 1. She can bake and sell 500 dozen cupcakes per month 2. The cost to create each dozen of cupcakes is $5 3. Her business's fixed costs amount to $500 per month At what price per dozen does Mira need to sell her cupcakes in order for her business to achieve a profit of $12,500 per month? $26.00$5.00$31.00$25.00