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FastPaced Inc. had sales of $125 million in 2019 and is expected to have sales of $165 million for 2020. The company's net profit margin

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FastPaced Inc. had sales of $125 million in 2019 and is expected to have sales of $165 million for 2020. The company's net profit margin was 3.0% in 2019 and is expected to increase to 7.0% by 2020. Estimate the company's net profit for 2020. The company's estimated net profit for 2020 is S 7800000. (Round to the nearest dollar.)

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