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# Tory Company sells various single product. Troy estimates demand and costs at

various activity levels as follows:

Units Sold.   PriceTotal                 Variable Costs.                          Fixed Costs

120,000         \$48.                          \$3,000,00                                \$1,000,000

141,000.        \$45.                            \$3,540,000                                  \$1,000,000

160,000        \$40.                             \$ 4,000,000.                               \$ 1,000,000

180,000       \$35                               \$4,500,000.                               \$1,000,000

200,000.      \$30.                            \$5,000,000                                  \$1,000,000

How much profit will Troy have if a price of \$45 is charged?

Round to two decimal places.

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