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A company is operating at full capacity with a sales level of $20,425 and fixed assets of $10,190. What is the required addition to fixed

A company is operating at full capacity with a sales level of $20,425 and fixed assets of $10,190. What is the required addition to fixed assets if sales are to increase by 11.75%, assuming a constant fixed asset turnover ratio?

Question options:

$1,078

$1,108

$1,137

$1,167

$1,197

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