Monk Consortium Corp. (Monk-Con) currently has $540,000 in total assets and sales of $1,550,000. Half of Monk-Con's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 21% in the next year. According to the AFN equation, the amount additional assets required to support this level of sales is $ fixed assets? $1,614,583$1,937,500$1,291,666$1,856,770 When you consider that Monk-Con's fixed assets were being underused, its target fixed assets to sales ratio should be When you consider that Monk-Con's fixed assets were being underused, how much fixed assets must Monk-Con raise to support its expected sales for next year? $43,632$52,358$34,906$50,177