Price Corp. is considering selling to a group of new customers and creating new annual sales of $70,000. 5% will be uncollectible. The collection cost on these accounts is 3.5%, the cost of producing and selling is 80% of sales and the firm is in the 35% tax bracket. What is the profit on new sales? $5,554.50 $9,100.00 $6,825.00 none of these choices $5,232.50