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Ameroon Corporation manufactures and sells electric staplers for $18 each. If 11,000 units were sold...

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Accounting

Ameroon Corporation manufactures and sells electric staplers for $18 each. If 11,000 units were sold in December, and management forecasts 5% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:

I know the answer is $218,295 but I need an explanation

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