To determine whether Tag It Corporation can hit the target of a 20% increase in sales next year, let's analyze the revenue numbers over the past five years. Here are the total revenue numbers for Tag It Corporation over the past five years: 2018: $72,710 2019: $75,360 2020: $78,112 2021: $93,561 To determine whether Tag It can achieve a 20% increase in sales next year, we need to calculate what the target revenue would be. To do this, we'll take the revenue from the most recent year (2021) and increase it by 20%. The revenue for 2021 was $93,561. A 20% increase would be calculated as follows: 20% of $93,561=$93,561**0.20=$18,712.2 To calculate the target revenue for next year, we add