CelebNav, Inc. had sales last year of $500,000 and the analysts are predicting a good year for the start up, with sales growing 20 percent a year for the next 3 years. After that, the sales should grow 8 percent per year for another two years, at which time the owners are planning on selling the company. What are the projected sales for the last year before the sale? (Round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.)