Homework: E 3-22, E3- 23, p3-52 Question 3, P3-52 (book/static) Part 2 of 2 2.65 of 3 points Save Points: 0.65 of 1 The Museum of Fine Art is pre aring for its annual appreciation dinner for contributing members. Last year, 500 members attended the dinner. Tickets for the dinner were $30 per attendee. The profit report for last year's dinner follows. (Click the icon to view the profit report.) This year the dinner committee does not want to lose money on the dinner. To help achieve its goal, the committee analyzed last year's costs. Of the $16,000 cost of the dinner, $8,500 were fixed costs and $7,500 were variable costs. Of the $2,500 cost of invitations and paperwork, $1,750 were fixed and $750 were variable. Read the requirements. Fixed invitations and paperwork Profit (loss) 1,750 10,250 $ (3,500) Requirement 2. The committee is considering expanding this year's dinner invitation list to include volunteer members (in addition to contributing members). If the committee expands the dinner invitation list, it expects attendance to double. Calculate the effect this will have on the profitability of the dinner assuming fixed costs will be the same as last year. (Use parentheses or a minus sign when entering losses.) If the museum expands the dinner invitation list, the profit (loss) will be