Tory Company

Question 1 (1 point) Tory Company sells a single product. Troy estimates demand and costs at various activity levels as follows:Units Sold       Price               TotalVariableCosts       Fixed Costs120,000            $48                        $3,000,000                $1,000,000142,500            $45                         $3,540,000               $1,000,000160,000            $40                         $4,000,000               $1,000,000180,000            $35                         $4,500,000               $1,000,000200,000           $30                          $5,000,000               $1,000,000How much profit will Troy have if a price of $45 is charged?