Identify the relevant information given to you in the application problem below. Use that information to answer the questions that follow. Round your answers to two decimal places as needed. You purchase 110 bottles of water for 18 dollars and plan to sell them at the fairground for 92 cents each. Your profit can be determined by the function P ( x ) = 0.92 x − 18 where P represents your profit and x represents the number of bottles of water sold.