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ProofSmart Inc., a supplier of home insulation materials, was burned down in a recent fire. From the remains of what used to be the accounting

ProofSmart Inc., a supplier of home insulation materials, was burned down in a recent fire. From the remains of what used to be the accounting ledger, the following information was recovered:

2010 2011
Inventory $2,367,121 $2,418,257
Gross Margin 41% 45%
Inventory Turns 11 [unreadable]

Prior to the fire, ProofSmart saw a sales growth of 74% in 2011, a record performance for the 18 year-old company.

What was the sales for 2011?

NOTE: Gross margin is defined as 1 - ( COGS / Sales ).

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