Newtown Propane currently has $490,000 in total assets and sales of $1,720,000. Half of Newtown's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 18% in the next year. According to the AFN equation, the amount of additional assets required to support this level of sales is S (Note: Round your answer to the nearest whole number.) Newtown was using its fixed assets at only 96% of capacity last year. How much sales could the firm have supported last year with its current level of fixed assets? (Note: Round your answer to the nearest whole number.) $1,522,917 $1,791,667 $2,060,417 O $1,970,834 When you consider that Newtown's fixed assets were being underused, its target fixed assets to sales ratio should be your answer to two decimal places.) %. (Note: Round When you consider that Newtown's fixed assets were being underused, how much fixed assets must Newtown raise to support its expected sales for next year? (Note: Round your answer to the nearest whole number.) $27,656 $35,790 $32,536 $37,416