The Sydney Transportation Company operates an urban bus system in New South Wales, Australia. Economic analysis performed by the firm indicates

that two major factors influence the demand for its services: fare levels and downtown parking rates. Table $1$ presents information available from $2005$

operations. Forecasts of future fares and hourly parking rates are presented in Table $2.$

Table $1$

Average Daily Transit Riders

Average Downtown Round$-$Trip Fare

$(2005)$

$($Dollars$)$

$5,000$

$1\mathrm{.}00$

Parking Rate

$($Dollars$)$

Table $2$

Round$-$Trip Fare

Average Parking Rates

Sydney's economists supplied the following information so that the firm can estimate ridership. Based on past experience, the coefficient of cross

elasticity between bus ridership and downtown parking rates is estimated at $0\mathrm{.}2,$ given a fare of $$1\mathrm{.}00$ per round trip. This is not expected to change

for a fare increase to $$1\mathrm{.}25.$ The price elasticity of demand is currently estimated at $-1\mathrm{.}1,$ given hourly parking rates of $$1\mathrm{.}50.$ It is estimated,

however, that the price elasticity will change to $-1\mathrm{.}2$ when parking rates increase to $$2\mathrm{.}50.$

Using these data, estimate the average daily ridership for $2006$ and $2007.$