Exercise $19-18($Static$)$ Analyzing a special offer for a service company LO P$3$

Empire Airlines reports the following cost data for the year. The company flew $100$ private flights during the year. A group has offered Empire $$11,000$ for a private flight to Chicago for its members.

Revenue$ $20,000$per flightWages, salaries, and benefits$ $7,000$per flightFuel and oil$ $4,500$per flightFood and beverages$ $500$per flightDepreciation$ $300,000$per yearRent$ $250,000$per year

$($a$)$ What is the contribution margin from accepting the offer?

Note: A negative contribution margin should be entered as a negative number and will appear in parentheses.

$($b$)$ Should the offer be accepted or rejected?