Cabin Creek Company is considering adding a new line of kitchen cabinets. The company's accountant provided the following estimated data for these cabinets: Annual sales Selling price per unit 800 units $ 3,580 Variable manufacturing costs per unit Variable selling costs per unit $ 1,580 $ 430 Incremental fixed costs per year: $ 483,400 Selling $ 63,000 $ 88,000 $ 120,000 Manufacturing Allocated common costs per year: Manufacturing Selling and administrative If the kitchen cabinets are added as a new product line, the company expects that the contribution margin earned from selling its other products will decrease by $216,000 per year. Required: 1. What is the annual financial advantage (disadvantage) of adding the new line of kitchen cabinets? 2. What is the lowest selling price per unit that could be charged for the cabinets and still make it economically desirable for the company to add the new product line?