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Dimitra is projecting cash flows for her firm using the percentage of sales method. She projects that the sales will be growing at 6% per

Dimitra is projecting cash flows for her firm using the percentage of sales method. She projects that the sales will be growing at 6% per year from the current level of $1M (year 0). She also projects a constant $25K per year in depreciation for the next 5 years. The firm's Net PPE currently stands at $300K. What should be her forecast for Capital Investment in year 2? $61K $20K $44K $18K $41K

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