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5. Excess capacity adjustments Aa Aa Monk Consortium Corp. (Monk-Con) currently has $610,000 in total assets and sales of $1,820,000. Half of Monk-Con's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 21% in the next year. According to the AFN equation, the amount of additional assets required to support this evel of sales is Monk-Con was using its fixed assets at only 93% of capacity last year. How much sales could the firm have supported last year with its current level of fixed assets? $2,054,838 O $1,956,989 O $2,250,537 O $1,565,591 When you consider that Monk-Con's fixed assets were being underused, its target fixed assets to sales ratio should be When you consider that Monk-Con's fixed assets were being underused, how much fixed assets must Monk-Con raise to support its expected sales for next year? O $45,860 O $34,395 O $43,950 O $38,217