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Fat Chance Bicycle Company currently sells 4 0 , 0 0 0 bicycles per year. The current bike is a standard balloon - tire bike,
Fat Chance Bicycle Company currently sells bicycles per year. The current bike is a standard balloontire bike, selling for $ with a production and shipping cost of $ The company is thinking of introducing an offroad bike with a projected selling price of $ and a production and shipping cost of $ The projected annual sales are offroad bikes. The company will lose sales in fattire bikes of units per year if it introduces the new bike, however. What is the net annual cash flow if Fat Chance sells both bikes?
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