Company EJ plans to build a new plant to manufacture bicycles. EJ sells its bicycles in the world market for $600 per bike. It could locate the plant in Province P, which levies a 20 percent tax on business income. On the basis of the cost of materials and labor in Province P. EJ estimates that its manufacturing cost per bike would be $372. Alternatively, EJ could locate the plant in Province W. which levies a 16 percent tax on business income. On the basis of the cost of materials and labor in Province W, EJ estimates that its manufacturing cost per bike would be $390. Required: a. Calculate the after-tax profit per bike for each province. b. In which province should Company EJ build its new plant?