A Company's Inventory for Two Models of Televisions and Two $\left[\begin{array}{ll}360 & 300 \\200 & 160\end{array}\right]$

Essay

A company's inventory for two models of televisions and two models of radios is given by the matrix
$\left[\begin{array}{ll}360 & 300 \\200 & 160\end{array}\right]$
, where row 1 represents the televisions, row 2 represents the radios, column 1 represents Model A, and column 2 represents Model B. If the company wants to increase inventory by 20% in the next month, what will be the projected matrix for the inventory? Use matrices and explain.