A small manufacturer that makes clothespins and other household products buys new injection molding equipment for a cost of $$500,000.$ This will allow the manufacturer to make more clothespins in the same amount of time with an estimated increase in sales of $15\%.$ If the manufacturer currently makes $70$ tons of clothespins per year, which sell at $$20,000$ per ton, what will be the increase in revenue next year from the new equipment?