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Cullumber Company is a private company with sales of $ 1 , 4 0 0 , 0 0 0 a year. Management wants to take

Cullumber Company is a private company with sales of $1,400,000 a year. Management wants to take the company public but has to wait until the sales reach $2,000,000. If sales are expected to grow 14percent annually, when is the earliest that Cullumber will go public? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 1 decimal place, e.g.5.4.)

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