Currently, GH Co. sells 48,000 handbags annually at an average price of $154 each. It is considering adding a lower-priced line of handbags that sell for $69 each. The firm estimates it can sell 20,000 of the lower-priced handbags but expects to sell 5,000 less of the higher-priced handbags by doing so. What is the amount of the annual sales that should be used when evaluating the addition of the lower- priced handbags? You may round your final answer to the nearest dollar