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You are upgrading to better production equipment for your firm's only product. The new equipment will allow you to make more of your product in

You are upgrading to better production equipment for your firm's only product. The new equipment will allow you to make more of your product in the same amount of time. Thus, you forecast that total sales will increase next year by

22%

over the current amount of

96,000

units. If your sales price is

$19

per unit, what are the incremental revenues next year from the upgrade?

Question content area bottom

Part 1

The incremental revenues are

$enter your response here.

(Round to the nearest dollar.)

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