Ethel Company manufactures and sells desk lamps for hotel and motel rooms. Last year, it sold $160,000$ units of its model $Y$ lamp for $$49$ per unit. The company estimates that this volume represents a $25$ percent share of the current market. The market is expected to increase by $8$ percent next year. Marketing specialists have determined that as a result of new competition, the company's market $10$ share will fall to $20$ percent $($of this larger market$).$ Due to changes in production costs and competitive models, the new price for the points lamps will be $$52$ per unit. The revised volume estimates are based on the $$52$ price.

Required:

eBook Estimate Ethel Company's sales revenues from model Y lamps for the coming year.

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Sales revenue