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Paladin Furnishings generated $4 milion in sales during 2021, and its year-end total assets were 53 million, Alsc, at year-end 2021 , current liabilities Were

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Paladin Furnishings generated $4 milion in sales during 2021, and its year-end total assets were 53 million, Alsc, at year-end 2021 , current liabilities Were $500,000, consisting of $200,000 of notes payable, $200,000 of accounts payable, and $100,000 of accrued liabilities. Looking ahesd to 2022 , the company estimates that its assets must increase by 50.75 for every $1.00 increase in sales. Paladin's profit margin is 596 , and its retention ratio is 60 Ft. How iarge of a soles increase can the company achilve without having to raise funds externally? Write out your answer completely. For example, 25 millibn should be entered as 25,000,000. Do not round intermediote caiculations. Round your answer to the nearest cent

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