Hodgkiss Mfg., Inc., is currently operating at only 88 percent of fixed asset capacity. Fixed assets are $428,400. Current sales are $510,000 and projected to grow to $649,091. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity. Multiple Choice $51,408 O $48,838 $53,464 $53,978 $116,836