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9') A brewer is launching a new product: brewed ginger ale with a low alcohol content. The brewer plans to spend $3 million promoting this

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9') A brewer is launching a new product: brewed ginger ale with a low alcohol content. The brewer plans to spend $3 million promoting this product this year= which is expected to expand its sales of this product to $12 million this year and $8 million next year. They do expect there will be loss of sales of $3 million this year and next year in their other products as customers switch to drinking the new ginger ale. The gross profit margin for the new ginger ale is 40%, the gross prot margin of all of the brewer's other products is 30%= and the brewer's marginal corporate tax rate is 35%. What are incremental earnings arising 'om the promotional campaign this year? A. $0.535 million B. $1.1?0 million C. $1.235 million D. $1.300 million

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