Question: Mud Bay Services Inc. is currently operating at only 92% of fixed asset capacity. Current sales are $640,000. Fixed assets are $490,000 and sales are

Mud Bay Services Inc. is currently operating at only 92% of fixed asset capacity. Current sales are $640,000. Fixed assets are $490,000 and sales are projected to grow to $730,000. How much in new fixed assets are required to support this growth in sales? Assume the company maintains its current operating capacity (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) New fixed assets

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