In 2017, Sunny Electronics Expects to Sell 100,000 3-D Television

Multiple Choice

In 2017, Sunny Electronics expects to sell 100,000 3-D television sets for an average price of $1,000. Expected production costs are $600 per unit. In 2018, volume is expected to increase by 10%, while inflation will increase both the sales price and the cost per unit by 3%. In nominal dollars, expected gross profit for 2018 is

A) $40 million.
B) $45.32 million.
C) $48.20 million.
D) $50 million.