Yоu аre the mаnаger оf the Cоnvenience store mentioned in question 1. It is your responsibility to set the correct prices for the items sold and to maintain a desired profit margin. Based on the following current information. Federal Gas tax 18.4 cents per gallon Minnesota state gas tax 32.6 cents per gallon Transportation cost to get gas to the store 10 cents per gallon This is a cost not a tax Wholesale cost of Gasoline $1.49 per gallon Sales Price at the pump $2.50 per gallon Answer the following questions. 1. How much total tax is there on a gallon of gasoline in Minnesota? [GasTaxamount] 2. What percent of the sales price is gas tax? [Gastaxpercent] 3. How much money in profit is being made? [Profitamount] 4. What is the profit percent being made? [Profitpercent] 5. How much money in profit would be made if the price at the pump dropped to $2.00 per gallon? [Profitpricedrop]