Forrester Fashions has monthly credit sales of 23,000 units with an average collection period of 65 days. The company has a per-unit variable cost of 19 and a per-unit sale price of 30. Bad debts currently are 6% of sales. The firm estimates that a proposed relaxation of credit standards would increase the average collection period to 88 days and would increase bad debts to 8% of sales, which would rise to 34,500 units per month. Forrester's cost of capital is 1.0% per month. Show all necessary calculations needed to evaluate Forrester's proposed relaxation of credit standards. (Note: Assume a 365-day year.) The additional profit contribution from an increase in sales is $ The cost from the increased marginal investment in A/R is $ The cost from the increase in bad debts is $ (Round to the nearest dollar.) (Round to the nearest dollar.) (Round to the nearest dollar.) The net profit or loss from implementing the proposed plan is $ Is the proposed plan recommended? (Round to the nearest dollar. Enter a negative number for a loss.) (Select from the drop-down menu.)