Give the step-by-step reasoning process and then the final answer. MegaCorp got caught leaking carcinogens into the water supply and is being fined 1% of its annual profits. Every day MegaCorp earns $3,000,000 from mining and $5,000,000 from oil refining. Its monthly expenses are $30,000,000. How much is MegaCorp's fine in dollars?
First find MegaCorp's total daily profits: $3,000,000 + $5,000,000 = $8,000,000. Then multiply that number by the number of days in a year to find their annual profits: 365 days / year * $8,000,000 = $2,920,000,000. Then multiply their monthly expenses by the number of months in a year to find their annual expenses: $30,000,000 / month * 12 months = $360,000,000. Then subtract their annual expenses from their annual earnings to find their annual profit: $2920000000 - $360,000,000 = $2,560,000,000. Then multiply the annual profits by the percentage paid for the fine to find the value of the fine in dollars: $2,560,000,000 * 1% = $25,600,000.
The final answer: 25600000.