You are part of a group of owners who wish to invest money into a new tour business. Use the information below to calculate the required information asked of you for this question, using the Bottom-Up Pricing method.

*Note*

Only find the answer to the single question being asked of you in this question; do not complete all the Bottom-Up Pricing steps. Previous steps information is provided below to assist you.

Calculate the Pre-Tax Profit required to meet the owners desired rate of return. Round to the nearest dollar.

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Owners Desired Rate of Return	$94697
New Equipment Value	$173969
Loan Amount	$181101
Interest Rate %	10%
Income Tax Rate %	25%
Insurance Expense	$195786
Fixed Wages	$148410
Depreciation Rate %	9%
Food Cost %	15%
Variable Wage %	17%
Other Variable Expenses %	13%
Maximum # of Tour Guests per Tour	36
Average Occupancy % of Tours	70%
# of Tours per month	14