Question 3: (Wherever needed, round up if you get a fractional value for the membership. For example, roundup 400.001 to 401; 400.5 to 401) A group of developers is opening a health club near a housing development. The developers spend $845000 per annum for the building, equipment, utilities, the staff. The membership fee per member per month is $100. The club spends $100 per member on the water, towels, laundry, and other services. All the enrolled members use cars. Each member should pay $200 per year to avail of car parking. 3) How many members will the club need to break even? What is the breakeven in dollars? Aer the rst year, the company can double the breakeven membership (breakeven members in the rst year) and increases the membership fee from 100 to 125 and parking fee is unchanged b) What would be the prot in the second year c) If the developers need a prot of $803000 in the second year, how many members need to be enrolled? d) If the developers spend for an advertisement campaign $35000 in the second year, how many members should the club enroll to break even