"Use Table 1 and the following information on Company X to perform a pro-forma financial modeling using a percentage sales method, and answers the next questions. Note: When applying the percentage sales method, you should assume that the 2020 percentage values with respect to sales of the (i) costs except depreciation, (ii) depreciation, (iii) cash and equivalents, (iv) accounts receivable, (v) inventories, (vi) property, plant and equipment, and (vi) accounts payable will remain equal to those percentages of 2019. Sales in 2020 are expected to grow at a rate of 15%, with respect to the values of 2019. Assume also that the total values in 2020 of interest expense and debt will not change from its 2019 values; income tax will remain at 35% of the Pretax Income; and that Company X initially plans to payout 35% of its net income to its shareholders. Table 1 Balance Sheet, 2019 Income Statement, 2019 Sales 755,000 Costs except -350,000 Depr. EBITDA 405,000 Depreciation -1,090 Assets Cash and 150,600 Equivalents Accounts 100,000 Receivable Inventories 10,000 Total Current 260,600 Assets Property Plant & 219,000 Equipment EBIT 403,910 -100,500 Interest Expense (net) Pretax Income Income Tax 303,410 Total Assets 479,600 -106,194 Net Income 197,217 Liabilities & Equity Accounts Payable 100,000 Debt 100,000 Total 200,000 Liabilities Stockholders' 279,600 Equity Total Liabilities 479,600 and Equity What is the forecasted value of sales for 2020? Express the numerical terms of your answer completely. For example: If your answer is one million dollars, write: 1000000