6. value: 0.71 points Exercise 13-24 Estimate Sales Revenues (LO 13-3) Larson, Inc., manufactures backpacks. Last year, it sold 93.000 of its basic model for $15 per unit. The company estimates that this volume represents a 30 percent share of the current market. The market is expected to increase by 15 percent next year. Marketing specialists have determined that as a result of new competition, the company's market share will fall to 25 percent of this larger market). Due to changes in prices, the new price for the backpacks will be $12 per unit. This new price is expected to be in line with the competition and have no effect on the volume estimates. Required: Estimate Larson's sales revenues from this model of backpack for the coming year. Sales revenue