Last year the net income of Smith Incorporated was $$2,000,000,$ depreciation expense of $$7\mathrm{.}5M,$ interest expense of $$1,500,000$ and other expenses of $$10M.$ In addition, cost of goods sold was $60\%$ of sales and tax rate of $40\%.$ Finally, the firm paid common stock dividend of $$800,000.$ Find sales for last yea