Save Homework: Problem Set 5 Score: 0 of 1 pt P10-1 (similar to) 7 of 14 (13 complete) HW Score: 54.72%, 7.66 of 14 pts Is Question Help O Erosion costs. Fat Tire Bicycle Company currently sells 40,000 bicycles per year. The current bike is a standard balloon-tire bike selling for $100, with a production and shipping cost of $30. The company is thinking of Introducing an off-road bike with a projected selling price of $370 and a production and shipping cost of $225. The projected annual sales for the off-road bike aro 14,000. The company will lose sales in fat-lire bikes of 7,000 units per year if it introduces the new bike, however. What is the erosion cost from the new bike? Should Fat Tire start producing the off-road bike? What is the erosion cost from the new bike? (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer. 1 part 1 remaining Clear All Check Answer Check Answers