A well-known reputable supplier of integrated heart monitoring devices is currently debating whether to expand its...

A well-known reputable supplier of integrated heart monitoring devices is currently debating whether to expand its sales overseas. While the firm expects an extra $14,440,000 in sales if it enters foreign markets, it also knows that 8% of its sales will ultimately be uncollectible. In addition, selling costs will be 7% on all new sales and the firm's production costs are 60% of sales. The tax rate is 30%. (PLEASE SHOW YOUR WORK).

a) Calculate supplier additional net income from the new sales.

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