Valley Orchards is reviewing the pricing of its fresh-squeezed cranberry juice in half-gallon containers. Variable costs per container are $1.75. Management is evaluating prices between $2.75 and $3.25. Determine the optimal price to maximize contribution margin and prepare a cash flow statement.

Price per Half Gallon	Estimated Demand (Half-Gallon Units)
$2.75	98,000
$2.80	95,000
$2.85	92,000
$2.90	89,000
$2.95	86,000
$3.00	83,000
$3.05	80,000
$3.10	77,000
$3.15	74,000
$3.20	71,000
$3.25	68,000