32. ABC Company has received a request for a credit account with a limit of $50,000. The new customer is expected to purchase $200,000 in merchandise each year. ABCs expected gross margin on the merchandise is 25%. ABC also expected to incur variable expenses of 4% of net sales for the sales persons commissions. Assuming a marginal tax rate of 30% how much additional net income does ABC expect to gain from this new customer each year?