Please prepare an email response to the following situation in the box below. Please include a…

Please prepare an email response to the following situation in the box below. Please include a greeting and the body of your email. Your response will be graded on appropriate organizational pattern, grammar and spelling. Situation: As the owner of YAK Cycling, a new five year old high end bike manufacturing firm, you are frequently asked to participate in sponsoring bike races across the western United States. Your firm is a growing company. Your prospects look very good for the next five years. Cash, however, is an on-going issue. As a young, growing firm much of your money goes into research and development, and other operating expenses. You have been asked by Big Mountain California to be a silver level sponsor for their upcoming mountain bike race which will attract some of the best competitive mountain bike racers in the United States. Silver level sponsorship is priced at $4,000. The race is being organized by Jim Bauer. You have met Jim before on one occasion as he is well known in the biking racing circles. You admire the good work he does in promoting bike racing which is good for your business. After careful consideration you must tell Jim that YAK will not be able to be a sponsor for the race. You sense that Jim will be disappointed and you want maintain good relationship with him given his status in the industry. Please type your “email” below.