A firm is introducing a new product and expects to sell 5,000 units. 14 percent of a new product with sale price of $20 per unit, 13 percent. The variable cost per unit is $9.5 percent, and the annual fixed costs are $15,000, +2 percent. The annual depreciation expense is $8,000. The tax rate is 21 percent What will be the Net Income under the optimistic scenario? $39,960 $33.717 $31,568 $27,323