Sales $16,500,000 Operating costs excluding depreciation 9.075,000 EBITDA $ 7,425,000 Depreciation 1,000,000 EBIT $ 6,425,000 Interest 1.500,000 EBT $4.925,000 Taxes (45%) 2.216.250 Net income $ 2.708.750 The CEO would like to see higher sales and a forecasted net income of $5,500,000 Assume that operating costs (excluding depreciation) are 55% of sales and that depreciation and interest expenses will increase by 20%. The tax rate will remain at 45%. What level of sales would generate $5,500,000 in net income? O a. $28,888,889 b. $32,152,739 OG $19,291,250 O d. $19,791,250 Oe. $34,343,434