Last year, Gerrico produced sales of $400 with a net profit margin of 20%. The firm used $1,000 in assets to generate the sales and those assets were financed with $400 of liabilities and $600 of equity. The firm does not pay any dividends. Gerrico expects next years sales to be $464. Assuming that all assets and all liabilities change in direct proportion to sales, the dollar amount of assets that Gerrico needs to purchase for next year is $______. Do not include the dollar sign in your answer and round to the nearest penny.

Please show all work please :)