Below is selected data for Gertup Corporation as of 12-31-02?

Below is selected data for Gertup Corporation as of 12/31/02:

Total assets $5500

Current assets 2750

Long-term debt 450

Current ratio 2.5

Inventory 1500

For year ended 12/31/02

Sales $18500

Cost of good sold 14800

If sale increased by 10% per annum for the next 20 years, sales for year 2022 would be closest to:

a. $407000

b. $124459

c. $113000

d. $55500

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