Semester Case - Cowboy Ice Cream, Inc. A local business owner has expressed interest in buying W.T.'s share of CIC. As you'll recall, W.T. has invested $25,000 in the business. For the next few years, W.T. expects to average a salary of $15,000 per year by managing CIC, generally only working more than 20 hours per week in the summer months. The businessperson has offered to pay w.. $30,000 for his interest in the company and all shareholders agree that WT. would still manage the company and earn an average salary of $27,300 per year. However, he will be required to work 35 hours per week throughout the year. If W.T. sells his interest in CIC, he will invest it and earn a 5% return. (a) Determine the opportunity cost to W.T. of retaining his interest in CIC. (b) Based solely on financial considerations, should W.T. sell his interest in the business and retain his position as manager? (c) Discuss the qualitative as well as quantitative factors that W.T. should consider