Your Health Corporation reported sales of $159,773 million, property, plant and equipment (PPE), net of $9,158 million, and capital expenditures of $2,002 million in the current year. If sales are projected to increase 4% per year over the next five years, what is the projected capital expenditures (purchases of new PPE) the following year?

Select one:

a. $2,313 million

b. $9,471 million

c. $2,002 million

d. $2,160 million

e. $6,440 million