(Solved): Hodgkiss Mfg., Inc., is currently operating at only 88 percent of fixed asset capacity. Current sale ...

Hodgkiss Mfg., Inc., is currently operating at only 88 percent of fixed asset capacity. Current sales are

. Fixed assets are

and sales are projected to grow to

. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New fixed assets