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The following cost structure applies to a clinic: begin{tabular}{|l|rr|} hline Fixed costs & $ & 500,000.00 hline Variable cost per procedure & $ &

image text in transcribed The following cost structure applies to a clinic: \begin{tabular}{|l|rr|} \hline Fixed costs & $ & 500,000.00 \\ \hline Variable cost per procedure & $ & 25.00 \\ \hline Charge (revenue) per procedure & $ & 100.00 \\ \hline Total procedures & & 7,500 \\ \hline \end{tabular} Answer the following 4 questions: (please show your work) a. Create a P \& L statement b. Calculate the contribution margin. c. How much total revenue must the clinic generate in order to break even

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