Fast Action Video Products' sales are expected to increase from $2 million in 2012 to $3 million in 2013 or by 50%. Its assets totalled $1.5 million at the end of 2012. Fast Action is at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2012, cur- rent liabilities were $400,000, consisting of $250,000 of accounts payable, $100,000 of notes payable, and $50,000 of accruals. The after-tax profit margin is forecasted to be 5%, and the forecasted payout ratio is 70%. Use the AFN formula to forecast Fast Action's additional funds needed for the coming year?