Nadine Chelesvig has patented her invention. She is offering a patent manufacturer two contracts for the exclusive right to manufacture and market her product. Plan A calls for an immediate single lump payment to her of $35,000. Plan B calls for an annual payment of $950 plus a royalty of $0.54 per unit sold. The remaining life of the patent is 10 years. Nadine uses a MARR of 5%/y year. a. What must be the uniform annual sales volume of the product for Nadine to be indifferent between the contracts, based on a present worth analysis? Do all calculations to 5 decimal places and round final answer to a whole number. The tolerance is 10 b. If the sales volume is below the volume determined in (a), which contract would the manufacturer prefer? Click here to access the TVM Factor Table Calculator