Price Corp. is considering selling to a group of new customers and creating new annual sales of $460,000. 2% will be uncollectible. The collection cost on all accounts is 5% of new sales, the cost of producing and selling is 78% of sales, and the firm is in the 20% tax bracket. What is the profit on new sales?

A). $57,378

B). $55,200

C). $56,487

D). $56,328