The marketing department at Cleveland Furniture Mfg. has an idea for a new product that is expected to have a six-year life cycle. After conducting market research, the company found that the product could sell for $800 per unit in the first four years of life and for $650 per unit for the last two years. Unit sales are expected to be as follows:

Year 1 4,000

Year 2 3,600

Year 3 4,700

Year 4 5,000

Year 5 1,500

Year 6 1,000

Per-unit variable selling costs are estimated at $140 throughout the product