Corrientes Company produces a single product in its Buenos Aires plant that currently sells for 6.70pper unit. Fixed costs are expected to amount to 56,000pfor the year, and all variable manufacturing and administrative costs are expected to be incurred at a rate of2.30pper unit. Corrientes has two salespeople who are paid strictly on a commission basis. Their commission is 9 percent of the sales revenue they generate. (Ignore income taxes.) (pdenotes the peso, Argentina's national currency. Many countries use the peso as their national currency. On the day this exercise was written, Argentina's peso was worth $0.104 U.S. dollar.)

Required:

1.Suppose management alters its current plans by spending an additional amount of 3,000pon advertising and increases the selling price to 7.70pper unit. Calculate the profit on 65,000 units.(Do not round intermediate calculations. Enter your answer in pesos.)