Mike's Textiles is a specialty retailer offering T-shirts, sweatshirts, and caps. Its most recent annual sales consisted of $14,000 of T-shirts, $11,000 of sweatshirts, and $1,300 of caps. The company is adding polo shirts to the lineup and this addition will result in sales next year of $14,000 of T-shirts,

$4,483

of sweatshirts, $7,800 of Polo shirts, and $1,300 of caps. What is the amount of erosion cost?

Question content area bottom

Part 1

A.

$6,517

B.

$4,483

C.

$13,034

D.

$14,317

E.

$15,483