Hodgkiss Mfg., Incorporated, is currently operating at only 78 percent of fixed asset capacity. Fixed assets are $397,800. Current sales are $510,000 and projected to grow to $751,923. 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 $56,687 $62,057 $59,670 $62,654 $188,700 Hodgkiss Mfg., Incorporated, is currently operating at only 78 percent of fixed asset capacity. Fixed assets are $397,800. Current sales are $510,000 and projected to grow to $751,923. 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 $56,687 $62,057 $59,670 $62,654 $188,700