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The company is operating at 86.3% capacity. Sales are currently $3,720,000. The company has fixed assets of $1,670,000. The company expects sales to increase by

The company is operating at 86.3% capacity. Sales are currently $3,720,000. The company has fixed assets of $1,670,000. The company expects sales to increase by 64.9% next year? How much will the company have to increase net fixed assets by next year? Your answer should be accurate to two decimal places. Therefore, 105,255.000095 would be reported as 105,255.00.

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