A stereo store is offering a special price on a complete set ofcomponents (receiver, compact disc player, speakers, cassette deck)ie one of each. A purchaser is offered a choice ofmanufacturer for each component:Receiver: Kenwood, Onkyo, Pioneer, Sony, SherwoodCD Player: Onkyo, Pioneer, Sony, TechnicsSpeakers: Boston, Infinity, PolkCassette Deck: Onkyo, Sony, Teac, TechnicsA switch board display in the store allows a customer to hooktogether any selection of components (consisting of one of eachtype). Use the product rules to answer the followingquestions. In how many ways can one component of each type beselected?