QUESTION 3. This question addresses Learning Outcome 1: Prepare plans for businesses and business operations, making use of appropriate accounting data. Sparkly Shoes Ltd are considering a new shop in Brighton from 1 July 2023. - The landlord, Landowners Ltd would pay Sparkly Shoes 10,000 to help fund the shop fit. - The shop fit is expected to cost 15,000 excluding Landowners Ltd's contribution. - Rent of 12,000 per year would be payable from 1 July for the duration of the 5 year lease. - Additional overheads as a result of opening the shop are expected to be 500 per month. - Sparkly Shoes Ltd has already undertaken some market research for which they paid 2,500. - Sparkly Shoes Ltd expects the shop to generate contribution each month of 1,000 for the first year and 2,500 per month thereafter. Required (show your workings and the results): a) What are the total net costs to Sparkly Shoes Ltd if the shop opens? (3 marks) b) What are the total net costs to Sparkly Shoes Ltd if the shop does not open? (2 marks)