The Alpha Beta Gamma Club of Meadow College is planning a fund-raising campaign. ABG is considering the possibility of having Charles Swan, an investment counselor, to address the public. Tickets would sell for $26 each. The school has agreed to let ABG use the auditorium at the Student Center at no cost but the club will spend about $1 per person for programs and complimentary refreshments. Mr. Swan usually is paid $12.000 per speech. In similar communities, In the past. Mr. Swan has drawn an audience of approximately 300-600 people. Required: 1. How many tickets must ABG sell in order to break even? (Show all calculations) 2. How much will ABG earn if 520 people attend Mr. Swan's speech? (Show all calculations) 3. How much will ABG lose if only 450 people attend the speech? (Show all calculations) 4. Mr. Swan said he would consider other payment arrangements since ABG is a "charity group. The ABG President, Laurie Sox wants to offer Mr. Swan a flat fee of $10.000. How much will ABG make (or lose) using Laurie's new plan at audience levels of 450 and 520? 5. After much discussion, ABG has decided to sell tickets for $24 each and to not have refreshments or programs. In addition, Mr. Swan has agreed to speak for $11,000. How many tickets must ABG sell in order for the club to make $1,000 for the club? 6. What nonquantitative factors should be considered by the club in order for this event to be a success?