(2)On May 3, 2021, Forest Company consigned 60 freezers, costing $500 each, to Remington Company. The cost of shipping the freezers amounted to $900 and was paid by Forest Company. On December 30, 2021, a report was received from the consignee, indicating that 45 freezers had been sold for $800 each. Remittance was made by the consignee for the amount due after deducting a commission of 10%, advertising of $550.

Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?