Sales forecast based on external data.

Nelson Heating and Ventilating Company estimates the comingyears sales revenue based on external data. Thecompanys main business is shopping mallconstruction, and it uses the square footage of each mall as a yardstick" for many financial statements and projections. The company does business in four Midwest states. Lastyear, it completed heating and ventilating systems in four shopping malls with an average size of 2,932,000 square feet for sales revenues of $9,613,000. Nelson is the primary contractor forone-third of the new malls in thefour-state area. This comingyear, 15 new malls are under construction with an average size of 4,554,000 Square feet. What is Nelsons anticipated sales revenue for the coming year?

Hints: Make sure to round all intermediate calculation to at least five decimal places.

What is Nelsons anticipated sales revenue?

$ (Round to the nearest dollar.)