Samad, a Finance Manager, is attempting to forecast next year's income statement and balance sheet. Current sales are RM565,000 and are expected to increase 15% next year. The majority of the firm's operating expenses are expected to increase too. The depreciation expense is expected to be RM135,400. The planned purchase of new equipment is expected to cost RM287,000. Currently the firm has total net fixed assets of RM847,000. What will be the value of net fixed assets in the forecasted year?

Select one:

a. RM847,000

b. RM287,000

c. RM1,134,000

d. RM998,600

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