Take-a-Break Travel Company offers spring break travel packages to college students. Two of its packages, a 7-day, 6-night trip to NO Cancun and a 5-day, 4-night trip to Jamaica, have the following characteristics: Package Specifications Cancun Jamaica Cost Data Oceanfront room; number of nights 6 4 $61ight Meals: Breakfasts $10/ea Lunches $15/ea Dinners $25/ea HNNAVID Scuba diving trips $81/ea Water skiing trips $56/ea Airfare (round trip from Miami) $300 (Cancun) , $525 (Jamaica) Transportation to and from airport $40 (Cancun), $38 (Jamaica) The Cancun trip sells for $1,860, and the Jamaica trip sells for $1,620, and both packages allow two bags to be checked for free. Required: 1. What are the current profit margins on both trips? 2. Take-a-Break's management believes that it must drop the price of each trip by $106 in order to remain competitive in the market Recalculate profit margins for both packages at these price levels