Exercise 13-24 Estimate Sales Revenues (LO 13-3) Larson, Ino, manufactures backpacks. Last year old 115,600 of its basic model for $15 per unit. The company estimates that this volume represents a 35 percent share of the current market. The market is expected to increase by 15 percent next year. Marketing specialists have determined that as a result of new competition, the company's market share will fail to 30 percent of this farger market). Due to changes in prices, the new price for the backpacks will be $12 per unit. This new price is expected to be in line wth the competition and have no effect on the volume estimates Required: Estimate Larson's sales revenues from this model of backpack for the coming your Sales reven