In this problem below, I don't see where the 1.75 in the calculation come from.

Metropolis had net sales of 120 million in 2003 related to pathology services. They expect sales of pathology services to grow by 75% in 2004. Metropolis also plans to introduce a new service, Home Healthcare Blood Draws, which will generate sales of 10 million in 2004. Metropolis expects sales of pathology services to grow by 75% in 2005. Home Healthcare Blood Draws will generate sales of 20 million in 2005. What will be the forecasted net sales for 2005?