Lane Inc.'s Net PPE is currently $79M and its sales are $90M. Ben is projecting that the sales will be growing at 9% per year and there will be a constant $3M per year depreciation for the next 10 years. If Ben is using the percentage of sales method and Net PPE as a percentage of sales is expected to remain constant, what should be the forecast for net capital investment in year 7?"

		$26.85M
		$22.78M
		$27.39M
		$25.29M
		$14.92M