Seaweed Mfg., Inc., is currently operating at only 79 percent of fixed asset capacity. Fixed assets are $420,000. Current sales are $500,000 and projected to grow to $759,494.

Required:How much in new fixed assets are required to support this growth in sales? Assume the company maintains its current operating capacity.(Do not round your intermediate calculations.)

rev: 09_17_2012

a. $88,200

b. $217,975

c. $87,360

d. $84,000

e. $79,800