A firm generated $5 million in sales during 2020, and its year end total assets were $4.4 million. Also, at year end 2020, current liabilities consisted of $180,000 of notes payable, $210,000 of accounts payable, and $220,000 of accrued liabilities. Looking ahead to 2021, the company estimates that its assets must increase by $0.72 for every $1.00 increase in sales. The firm's profit margin is 5% and its retention ratio is 40%. How large of a sales increase can the company achieve without having to raise funds externally? Do not round intermediate calculations. Round final answer to the whole dollar and include $

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