Miller Mfg. is analyzing a proposed project. The company expects to sell 14,300 units, plus or minus 3 percent. The expected variable cost per unit is $15 and the expected fixed cost is $35,000. The fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. The depreciation expense is $32,000. The tax rate is 34 percent. The sale price is estimated at $19 a unit, give or take 3 percent. What is the net income under the worst case scenario?

Multiple Choice

• $9,082.90

• $17,631.52

• $1,044.40

• $16,245.52

• $15,944.00