A company is considering to extend trade credit to customers with high risks. Sales would increase by $25M. The production and selling costs will be 5% more than the gross margin. Additional collection costs will be $8M. Of the new accounts, 15% will not be collectible. The company expects 20% of the paying customers will take 3% discount offered by the company. There will be no additional investments in A/R. Should the company extend the trade credit? Please show details of work with explanation.