Problem:
Parole, Inc. is currently selling 2,165 froblets per year, at $70 each. The company plans to introduce a new luxury product line, the colopkin, and is estimating that it'll be able to sell 1,109 units per year at $174 each. However, the firm's marketing team expects that if the new product line is introduced, sales of the froblets will fall to 1,752 units per year.
Required:
Question: What is the total incremental sales figure that should be used for valuing the colopkin project?
Note: Please show guided help with steps and answer.