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Tanner Park is a small amusement park that provides a variety of rides and outdoor activities for children and teens. In a typical summer season,

Tanner Park is a small amusement park that provides a variety of rides and outdoor activities for children and teens. In a typical summer season, the number of adult and childrens tickets sold are 20,000 and 10,000, respectively. Adult ticket prices are $18 and the childrens price is $10. Revenue from food and beverage concessions is estimated to be $60,000, and souvenir revenue is expected to be $25,000. Variable costs per person (adult or child) are $3, and fixed costs amount to $150,000.
a. Determine the profitability of this business.

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