This year your startup had Sales of $120,000 and Cost of Goods Sold of $48,000. Next year, your forecast that your Cost of Goods Sold as a percentage of Sales will improve by .05 (so if it was .55 this year, it would drop to .50 next year - these are just examples, don't use these numbers!), and you project Sales will increase to $200,000 Based on this, what is your projected GROSS PROFIT next year?