Elite Design, Inc. sells customized handbags. Currently, they sell 30,000 handbags annually at an average price of $79 each.

Elite Design, Inc. sells customized handbags. Currently, they sell 30,000 handbags annually at an average price of $79 each. They are considering adding a lower-priced line of handbags which sell for $45 each. Elite Design estimates they can sell 12,000 of the lower-priced handbags but will sell 4,000 less of the higher-priced handbags by doing so. What is the amount of the sales that should be used when evaluating the addition of the lower-priced handbags?$224,000 $540,000 $856,000 $1,234,000 $1,514,000