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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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