#2: Wave, Inc., has modified the Top Rigger 1, its best selling boat, and is studying pricing and supply for the new model. Management has decided that if each boat sells for $14,000, the company will supply 35,000 boats per year. Each time the price per boat decreases by $1,000, the company will supply 5,000 fewer boats. If the price is set at $7,000, the company will supply no boats. QUESTION: If the costs of production equal $7,000 per boat, how much TOTAL profit will be made at a price of $10,000