Assume that the Gainesville Surgicenter Inc was operating at full capacity in 2019 with regard to all items except fixed assets (operating rooms and support space); fixed assets in 2019 were utilized to only 75 percent of capacity. How much would the 2020 revenues be if the fixed assets are utilized at 100%?

		$48,000
		$66,000
		$42,000
		$44,540

Gainesville Surgicenter Inc.

Balance Sheet as of December 31, 2019 (Thousands of dollars)
Cash		$1,800		Accounts payable		$7,200
Receivables		$10,800		Notes payable		$3,472
Inventories		$12,600		Accruals		$2,520
Total current assets		$25,200		Total current liabilities		$13,192
Net fixed assets		$21,600		Mortgage bonds		$5,000
				Common stock		$2,000
				Retained earnings		$26,608
Total assets		$46,800		Total liabilities & equity		$46,800
Income Statement for 2019 (Thousands of dollars)
Revenues			$36,000
Operating costs			$30,783
Earnings before interest and taxes			$5,217
Interest			$1,017
Earnings before taxes			$4,200
Taxes (21%)			$1,680
Net income			$2,520
Dividends (60%)			$1,512