What is the gross profit or loss in years 1, 2, and 3?

P12-28 (similar to) 5 Question Help: :1- [lnation and project cash ows] Carlyle Chemicals is evaluating a new chemical compound used in the manufacture of a wide range of consumer products. The rm is concerned that ination in the cost of raw materials will have an adverse effect on the project's cash ows. Specically. the rm expects the cost per unit (wt-rich is currently 50.89] will Iise at a rate of 12 percent annually over the next three years. The peru nit selling price is currently $0.95 and this price is expected to rise at a meager 1 percent annual rate over the next three years. if Carlyle expects to sell 5.5, 6.3, and 8 million units for the next three yeam, respectively, what is your estimate of the gross prots to the rm? Based on these estimates. what recommendation would you offer to them'r's management with regard tothis product? (Note: Be sure to round each unit price and unit cost per year to the nearest cent} The gross prot or {loss} for year '1 is SD. (Round to the nearest dollar.) Enter your answer in the answer box and then click Check