Tulip Company is made up of two divisions: A and B. Division A produces a widget that Division B uses in the production of its product. Variable cost per widget is $1.65; full cost is $2.80. Comparable widgets sell on the open market for $3.50 each. Division A can produce up to 3.20 million widgets per year but is currently operating at only 50 percent capacity. Division B expects to use 160,000 widgets in the current year. Required: 1. Determine the minimum and maximum transfer prices. (Enter your answers to 2 decimal places.) Minimum Transfer Price Maximum Transfer Price 2. Calculate Tulip Company's total benefit of having the widgets transferred between these divisions. Total Benefit