are in a high-tech industry and are often first to market with new technological advances. They have recently spent $100.000 designing and developing a new product. The new product is expected to have a 20-month life cycle. The anticipated performance of this product is as follows: Introduction Growth Maturity Decline Sales volume (units) 5,000 10,000 20,000 9,000 Per unit (S) Selling price 499 559 349 249 Variable cost 139 233 145 104 Overhead 80 70 50 65 Instructions: Calculate the profitability of the new product