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Starcups Coffee Company is launching a new sustalnability initiative that would reward customers for purchasing a reusable cup.During the cup promotion, customers would pay an extra $$1\mathrm{.}00$ for the reusable cup and would receive a $20$ percent discount each time they return with the cup to buy a cup of coffee.Each week Starcups serves $43,000$ customers, who purchase an average of $3\mathrm{.}00$ cups of coffee per week $(129,000$ cups total$)-$Starcups's contribution margin Income statement for a typical week Is shown below:Net Operating Income$ $258,200$Assume the new cup promotion is expected to impact sales volume, revenue, fixed, and varlable costs as follows: Starcups estimates that $30$ percent of Its current customers $(12,900)$ will participate in the promotion. The remainder of its existing customer base $(30,100)$ will continue to buy an average of $3\mathrm{.}00$ cups of coffee per week. Starcups expects to attract $5,300$ new customers to participate in the promotion. Customers who participate In the promotion will pay an additional $$1\mathrm{.}00$ for the reusable cup. They will then receive a $20$ percent discount on repeat visits when they bring back their reusable cup. The additional varlable cost of purchasing the reusable cup is $$2\mathrm{.}30.$ The variable cost savings of the paper cup is $$0\mathrm{.}20$ Starcups expects that customers who participate in the reusable cup promotion will visit an average of $4$ times per week, Including the first purchase of the reusable cup Starcups will spend a total of $$13,000$ per week advertising the reusable cup promotion.Required:$1.$ Prepare a contribution margin income statement to predict how the reusable cup promotion will impact weekly net operating income$\mathrm{.}2.$ Compute the difference in total revenue, total varlable costs, total contribution margin, total fixed costs, and total operating income before and after the promotion$\mathrm{.}3.$ How will this sustainability Initlative Impact the company's triple bottom line?Complete this question by entering your answers in the tabs below.Required $1$Required $2$Required $3$Prepare a contribution margin income statement to predict how the reusable cup promotion will impact weekly net operating

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