Larson, Inc., manufactures backpacks. Last year, it sold 119,000 of its basic model for $30 per unit. The company estimates that this volume represents a 35 percent share of the current market. The market is expected to increase by 20 percent next year. Marketing specialists have determined that as a result of new competition, the companys market share will fall to 30 percent (of this larger market). Due to changes in prices, the new price for the backpacks will be $27 per unit. This new price is expected to be in line with the competition and have no effect on the volume estimates. Required: Estimate Larsons sales revenues from this model of backpack for the coming year.