P4-17 Fixed Assets and Capacity Usage (LO1] Hodgkiss Mfg., Inc., is currently operating at only 76 percent of fixed asset capacity. Fixed assets are $429,300. Current sales are $530,000 and projected to grow to $808,947. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity. Multiple Choice $72,122 $71,436 $71,436 o oo $65,254