Tory Company sells a single product.

Tory Company sells a single product. Troy estimates demand and costs at various activity levels as follows:
UnitsSold Price TotalVariable Costs Fixed Costs

120,000$48$3,000,000$1,000,000

159,500$45$3,530,000$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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