ABC Electronics Corporation will be expanding its products by manufacturing power banks. It expects to sell these over a period of three years by updating their power bank models throughout the period. Relevant data are as follows: Year 0 Year 1 Units to be sold 70,000 Year 2 100,000 Year 3 60,000 Price per unit 500 600 700 COSTS Research and Development 4,000,000 3,000,000 200,000 Product Design 1,500,000 800,000 400,000 Manufacturing 1,000,000 15,000,000 19,000,000 10,000,000 Marketing 1,000,000 4,000,000 800,000 500,000 Distribution Customer Service - 3,000,000 4,500,000 2,500,000 - 1,800,000 2,100,000 1,100,000 Incremental Administrative 500,000 2,000,000 2,000,000 1,500,000 Purchase price SA FA 20,000 45,000 Salvage value Annual repair cost Major maintenance cost to be incurred at the end of 2nd year Major maintenance cost to be incurred at the end of 4th year Annual operating cost Useful life in years Implicit interest rate 3,000 8,000 2000 3000 4000 - 5000 10000 8000 3 5 8% 8%