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Jensen Publishing prints and markets lifestyle publications. Their initial offer of $ 6 0 for a three - year subscription was well received. They sold

Jensen Publishing prints and markets lifestyle publications. Their initial offer of $60 for a three-year subscription was well received. They sold 10,000 subscriptions for cash in Year 1. They purchased state-of-the-art computers and copiers that should last for 5 years for $100,000 cash. Printing supplies and postage are expected to be $25,000 per year. Salaries will be $90,000 per year. Assume no additional subscriptions are sold.

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