(Round off your answers lo two decimal places) 7 CHCP Synergy Sdn Bhd conducts a short-term management development training (MDT) for corporate executlves in Finance and Accounting, In 2017, the company conducted 20 MDTs each for a duration of one week and 6 MDTs each for a duration of two weeks. The average number of participants for MDTs of one week's duration was 50 and for two weeks' duration was 20. Each participant was charged RM800 per week and the operating cost per week was RM300 per participant. The annual fixed cost was RM300,000. For 2018, the company Is considering not to conduct MDTs of two-week durations as the response was poor. Instead, the company plans to conduct a new MDT in Islamic Finance. The company is expected to conduct 10 MDTs In Islamic Finance for the duration of one week The operating cost for each participant will be RM600 per week and the total fixed cost will increase by RM100,000. It is expected that with no MDTs of two-week durations, the nmber of participants will increase by 20% on an average in each of the 20 MDTs in Finance and Accounting, with the same fees charged as last year. For the new MDT in Islamic Finance, the company estimates possibly attracting 50 participants on an average for each MDT even if it decides to charge each participant RM1,500 per week. Required: a. Calculate the profit earned in 2017 b. Calculate the break-even polnt in terms ofpartidpants per.week In 2017 c. Calculate the profit earned in 2018. Hint: Use the formula NP Px-(abx)]