Take-a-Break Travel Company offers spring break travel packages to college students. Two of its packages, a 7-day, 6-night trip to Cancun and a 5-day, 4-night trip to Jamaica, have the following characteristics: The Cancun trip seils for $1,750, and the Jamaica trip sells for $1,500, and both pockages ellow two bogs to be checked for free. Required: 1. What are the cutrent profit margins on both trips? 2. Toke a-Break's management believes that it must drop the price of each trip by $100 in order to remain competitive in the market Recalculate profit margins for both packages at those price levels. Complete this question by entering your answers in the tabs below. What are the current profit margins on both trips? (Round percentage answers to 1 decimal place (1.e,123=12.3% ). Complete this question by entering your answers in the tabs below. Take-a-Break's management believes that it must drop the price of each trip by $100 in order to remain competitive in the market. Recaiculate proft margins for both packages at these price level5. (Round percentage answers to 1 decimal place (li.e. .123=12,3%)