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iRobot states We anticipate that research and development expenses will increase in absolute dollars but remain relatively consistent as a percentage of revenue in the

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iRobot states "We anticipate that research and development expenses will increase in absolute dollars but remain relatively consistent as a percentage of revenue in the foreseeable future". If 2017 sales are expected to be $673365, calculate research and development expense for 2017. Use 2016 financial data as the basis for this calculation, assuming that research and development expense as a percentage of sales will remain the same in 2017 as 2016. NOTE: Round any percentages to two decimal places before using them to determine the final answer (for example the number .156789 would be rounded to .1568 or 15.68%) Round your final answer to the nearest whole dollar.

Balance Sheet for iRobot All numbers in thousands 12/31/16 12/31/15 Cash Short Term Investments AR Unbilled Revenue Raw Materials Work in Process Finished Goods Other Current Assets 214,523 179,915 33,124 72,909 104,679 452 9,082 39,930 139 4,717 0 45,861 5,591 0 Total Current Assets PP&E Goodwill Intangible Assets Other assets 52,596 9,501 383,670 389,349 26,850 48,751 15,664 41,129 521,743 27,532 41,041 12,207 43,462 507,912 AP Accrued Expenses Salaries Payable Unearned Revenue 67,281 19,854 21,015 4,486 112,636 Total Current Liabilities Long Term Liabilities Common Stock Retained Earnings Total Stockholder's Equity Total Liab & SE 61,655 15,954 15,752 3,265 96,626 7,706 162,016 232,400 185,011 417,411 521,743 226,950 388,966 507,912 Income Statement for iRobot Sales COGS Gross Margin 660,604 616,778 327,852 319,315288,926 341,289 Operating Expenses: Research and Development Selling & Marketing General and Admin 79,805 115,125 66,828 76,071 97,772 54,465 261,758 228,308 Total Operating Expenses Operating Income Other income 57,557 60,618 3,804 2,353 62,971 Income Before Taxes 61,361 19,422 41,939 2,943 Income Tax Expense 18,841 44,130 2,436 Net Income Units Shipped (sold)

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