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Price Corporation is considering selling to a group of new customers and creating new annual sales of $ 4 6 0 , 0 0 0

Price Corporation is considering selling to a group of new customers and creating new annual sales of $460,000.4% will be uncollectible. The collection cost on all accounts is 7% of new sales the cost of producing and selling is 79% of sales and the firm is in the 20% tax bracket. What is the profit on new sales?

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