TCO C) Answer the next question on the basis of thefollowing cost data for a pur

TCO C) Answer the next question on the basis of thefollowing cost data for a purely competitive seller:Total Product TFC TVC0$50$015070250120350 150450 220550 300650 390Refer to the above data. If the product price is $105 at itsoptimal output will the firm realize an economic profit breakeven or incur an economic loss?How much will the profit orloss be?Show all calculations.