Background Tacts Nichole Mustard and Credit Karma are introduced in the chapter's opening feature. Assume that they are considering two options. Plan A. The company would begin selling access to a premium version of its website. The new online customers would use their credit cards. The company has the capability of selling the premium service with no additional investment in hardware or software. Annual credit sales are expected to increase by $250,000. Costs associated with Plan A: Additional wages related to these new sales are $135,500; credit card fees will be 4.75% of sales; and additional record keeping costs will be 6% of sales. Premium service sales will reduce advertising revenue by $8,750 annually because some customers will now only use the premium service. Plan B. The company would begin selling merchandise. It would make additional annual credit sales of $500,000. Costs associated with Plan B: Cost of these new sales is $375,000. Record keeping and shipping costs will be 4.0% of sales; and uncollectible accounts will be 6.2% of sales. Required Post #1. Compute the additional annual net income or loss expected under (a) Plan A and (b) Plan B. In your first post show your computations and the expected net income or loss amount. Include your work and your solution to both plans. Post #2. You will now have access to your classmates' calculations and results. First, be sure your amounts agree. If not, check to be sure yours are correct. Next, answer this question in your second post: Should the company pursue either plan? In your second post, announce your decision and discuss your opinion regarding the financial and non-financial factors relevant to your decision. I recommend that you compose your first post using a word document or an excel worksheet on your personal computer. After carefully proofreading your post, copy and paste your post in the reply area linked below. After you have completed your first post, your classmates' posts will become available. Make your second post as instructed above to earn your final points. This discussion post can earn ten points. Your posts will be scored using the provided rubric after the due date. Click NEXT at the bottom right of each page to move through the Module. OR if you are out of the Module area here is a link back to Modules