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Hodgkiss, mfg., incorporated is currently operating at only 89 percent of fixed asset capacity. fixed assets are $360,000. current sales are $450,000 and projected to

Hodgkiss, mfg., incorporated is currently operating at only 89 percent of fixed asset capacity. fixed assets are $360,000. current sales are $450,000 and projected to grow to $546,067. how much in new fixed assets are required to support this growth in sales? assume the company wants to operate at full capacity.
a $76,854
b $28,800
c $30,240
d $29,952
e $27,360

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