The marketing manager of So Cal Angelino, Inc. is proposing that the company begin a new line of women's fashion purses. The firm would have to lease a leather-stitching machine at a cost of $153,000 per year, and the CEO is reluctant to make this commitment. The marketing manger has put together the following information about the product costs, estimated selling price, and estimated number of purses that could be sold. If So Cal Angelino's tax rate is 35%, what would be the after-tax profit (per year) on this new product? Selling price $42.00 Materials $ 6.50 Labor $ 2.80 Sales & distribution $ 1.75 Estimated unit sales 5,000 o $1,138 O $19.750 O $35,912 O $100,587