Estimated time allowance: $17\mathrm{.}5$ minutes$)$ EasyTop Corp. has decided to sell a new line of Cell phones. The firm has

also spent $$2$ million in research and development for the new Cell phones line. It is estimated that the new Cell

phones will sell for $$890$ per unit and have a variable cost of $$440$ per unit. The firm has spent $$450,000$ in market

research for these new Cell phones. It is concluded in this study that the firm can easily sell $170,000$ Cell phones in

each of the following ten years. As part of the research, it was found that the firm is very likely to lose sales of $26,000$

units of its existing high$-$priced Cell phones. These Cell phones currently sell for $$1,300$ each and have variable costs

of $$550.$ On the positive side, the study also revealed that the firm will increase sales of its cheap Cell phones by

$23,000$ units. The cheap Cell phones sell for $$290$ and have variable costs of $$140$ per set. The cash fixed costs each

year will be $$27$ million. The annual depreciation $($straight$-$line$)$ is $$10$ million. The corporate tax rate is $20\%.$ What is

the earnings before interests, taxes, depreciation and amortization $($EBITDA$)?$ The answers are giving in millions of

dollars. For example, if the result of solving the problem is $$2,300,000$ then the choice from below will be stated as

$2\mathrm{.}30$ ; if the result of solving the problem is $$3,000,000$ then the choice below will be stated as $3\mathrm{.}00$

You can use a formatted shell excel for this problem by clicking here

a$)23\mathrm{.}45$

b$)28\mathrm{.}76$

c$)33\mathrm{.}45$

d$)76\mathrm{.}50$

e$)57\mathrm{.}00$

f$)18\mathrm{.}76$

g$)79\mathrm{.}95$