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9. A small manufacturer that makes clothespins and other household products buys new injection molding equipment for a cost of $500,000. This will allow the
9. A small manufacturer that makes clothespins and other household products buys new injection molding equipment for a cost of $500,000. This will allow the manufacturer to make more clothespins in the same amount of time with an estimated increase in sales of 25%. If the manufacturer currently makes 75 tons of clothespins per year, which sell at $18,000 per ton, what will be the increase in revenue next year from the new equipment?
A) $337,500
B) $303,750
C) $125,000
D) $837,500
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