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Blue Elk Manufacturing reported sales of $ 8 9 0 , 0 0 0 at the end of last year, but this year, sales are

Blue Elk Manufacturing reported sales of $890,000 at the end of last year, but this year, sales are expected to grow by 9%. Blue Elk expects maintain its current profit margin of 23% and dividend payout ratio of 25%. The following information was taken from Blue Elk's balance sheet:
\table[[Total assets:,$475,000
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