In answering the problem please do as thorough a calculation as you can based on the facts presented.In addition, and as part of your answer, please state any additional information you would like to see to do a more thorough calculation.In performing the calculations relating to these problems assume a discount rate of 2% a year and use the probability of dying table.The employer's share of FICA tax is 7.65%

Age Probability of Dying Probability of Being Alive

56 -- 1.000000

57 -- 1.000000

58 0.009315 0.990685

59 0.009951 0.990049

60 0.010610 0.989390

61 0.011321 0.988679

62 0.012105 0.987895

63 0.013010 0.986990

64 0.014070 0.985930

65 0.015319 0.984681

You have been hired as an expert witness in a lawsuit filed by ABC Corporation based on the wrongful termination of a contract.ABC Corporation entered into a contract with DEF Corporation to supply raw material for one of DEF Corporation's manufacturing processes.The contract was for a two year period and began on January 1, 2017.On July 1, 1017, DEF Corporation sent notice to ABC Corporation that they were terminating the contract immediately because they had found another supplier who could fulfill their raw material needs at a lower cost.ABC Corporation's sales price to DEF Corporation for the raw material was $100,000 per ton of the material.They projected supplying 3 million tons of the raw material annually to DEF Corporation.Their fixed overhead was $500,000 and their variable overhead was $20,000 per ton.Do a calculation of what your total damage figure would be based on this information and specify any additional information you would like to know to perform a more detailed calculation.