This problem contains three parts. In Part Ar you are asked to determine the parameters of the profit function -the contribution margin and the fixed costs. You should not move on to Parts B and C until you get Part A correct, or until you use up all of your tries. The correct profit function parameters will be given to you after you have completed Part AYou should use tese parameters in Parts B and C. The problem is worth 20 points. Parts A and B are worth eight points each; Part C is worth four points. To get the eight points for Part A, you must answer both questions correctly to get the eight points for Part B, you must answer all four questions correctly. You get eight tries on Part A, cight on Part B, and four on Part C. CableVision hes been approached by the City af Mirada to run its cable operations in 2019. After negotiating with key parties, CableVision has made the follawing agreements: .It will offer Mirada residents a basic set of 25 cable television stations at a rate of $29.99 per month. It will pay the city $1,200,000 per year plus $2.75 per cable subscriber per month to maintain the physical facilities. * It will actually pay another company a monthly fixed fee of $55,000 plus $8.00 per cable subscriber per month to broadcast the 25 channels. CableVision estimates that operating costs for billing, program news mailings, etc. will be $115,000 per month plus 8% of monthly revenue. CableVision hes several questians about its monthly revenues, costs, and profits in 2019 REQUIRED ROUND YOUR ANSWER TO PART A, QUESTION 1 TO THE NEAREST CENT ROUND ALL OTHER ANSWERS TO THE NEAREST UNIT OR NEAREST DOLLAR.] Part A (8 tries; 8 points) 1. What is the estmated monthy contribution margin per cable subscriber for Cablevision in 2019? $16.84 2. What are the estimated total monthly tixed costs for Cablevision in 2019? $270,000 ou are correct. Previous Tries r receipt no. is 152-8999 Your answers are correct, but just to make sure that there are no rounding issues, use $16.84 for the estimated contribution margin per subscriber and $270,000 for the estimated monthly fixed costs in PartsB and C Part B (8 tries; 8 points) 1. What is Cablevision's estimated monthly operating income In 2019 If 18,000 residents subscribe? 28120.0D 2. Haw many monthly subscribers wauld be required for CableVisian to break even in 20197 16329.39 3, How many monthly subscribers would be required for CableVision to earn $26,000 per month in 2019? 17973.26 4. Assuming a tax rate or 31%, how many monthly subscribers would be required for CableVision to earn 26,000 per month in 20197 #6 IS INCORRECT 18566.38 Tries 1/8 Previous Tries Part C (4 tries: 4 points) Some o CableVision's managers are uncertain about their estimate o monthly fixed operating costs. Assuming that 22 000 esidents subscribe, how large can monthly fixed operating costs be or CableVision to still earn 25 000 per month in 2019 ignore taxes)? 344480.00 incorect on #7 The question is asking how large monthly apen ting fixed costs can be, not monthly total fixed costs. Tries 1/4 Previous Tries