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: 2011 2012 Inventory $2,367,121 $2,418,257 Gross Margin 4% 45% Inventory Turns 9 [unreadable) Prior to the fire, ProofSmart saw a sales growth of 39% in 2012, a record performance for the 18 year-old company. What was the sales for 2012? NOTE: Gross margin is defined as 1 - (COGS / Sales)