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Sales forecast based on external data. Raspberry Phones uses external data to forecast the coming year's sales. The company has 7.8% of all new-phone sales

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Sales forecast based on external data. Raspberry Phones uses external data to forecast the coming year's sales. The company has 7.8% of all new-phone sales in the United States and 5.6% of all replacement-phone sales. Industry forecasts predict 17.3 million new-phone buyers and 31.5 million replacement-phone buyers in 2014. If the average Raspberry phone costs $85.80, what sales revenues is the company forecasting for 2014? What sales revenues is the company forecasting for 2014? $ (Round to the nearest dollar.)

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