Fisher Publishing Inc. is doing a financial feasibility analysis for a new book. Editing and preproduction costs are estimated at $$45,000$ The printing costs are a flat $$7000$ for setup plus $$8\mathrm{.}00$ per book.The author$$s royalty is $8\%$ of the publisher$$s selling price to bookstores.Advertising and promotion costs are budgeted at $$8000.$c$.$ The marketing department is also forecasting that,if the price is reduced by $10\%,$ unit sales will be$15\%$ higher.Which price should be selected?$($Show calculations that support your recommendation.$)$