Laura's Furniture is considering selling to a group of new customers and creating new annual sales of $80,000.7% will be uncollectible.The collection cost on these accounts is 2% of all sales,the cost of producing and selling is 75% of sales and the firm is in the 31% tax bracket.What is the profit on new sales?
A) $9,936
B) $8,832
C) $12,696
D) $20,000

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The Answer of Laura's Furniture is considering selling to a group of new customers and creating new annual sales of $80,000.7% will be uncollectible.The collection cost on these accounts is 2% of all sales,the cost of producing and selling is 75% of sales and the firm is in the 31% tax bracket.What is the profit on new sales?
A) $9,936
B) $8,832
C) $12,696
D) $20,000

Laura's Furniture Is Considering Selling to a Group of New