16. Credit Decision. The Branding Iron Company sells its irons for $60 apiece wholesale. Produc- tion cost is $50 per iron. There is a 25% chance that a prospective customer will go bankrupt within the next half-year. The customer orders 1,000 irons and asks for 6 months' credit. Should you accept the order? Assume an 8% per year discount rate, no chance of a repeat order, and that the customer will pay either in full or not at all. (LO4)