The management accountant at the Huang Manufacturing Company has collected the following data in preparation for a life cycle analysis on one of its products, a leaf blower: 
Required:
Determine what stage of the sales life cycle the leaf blower is in and explain your reasoning.
Definitions:
Marginal Propensity
The tendency of an individual or population to consume or save an extra unit of income.
Lump-Sum Taxes
Taxes that are a fixed amount, not varying with the income or wealth of the taxpayer, and are paid at one time instead of in installments.
Budget Deficit
A situation where a government's expenditures exceed its revenues during a specified period of time, leading to borrowing or debt accumulation.
Discretionary Fiscal Policy
Government policy involving the use of government spending and taxation levels to influence the economy, based on current conditions.
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