At a price of $74, Summit's market research indicates that it can sell 54,000 units per year. Assuming Summit can reach its new target cost, how will Summit's profit at the $74 price compare to what it would have earned in the absence of the competitor's product? Multiple Choice o Profit will be $60,000 higher. o Profit will be $60,000 lower. o Profit will be unaffected if Summit can reach the revised target cost. o Profit will be $54,000 higher