1) The following information is available for Natural Cleaning Services (NCS): Company sales are expected to increase by 20% from $10 million in 2019 to $12 million in 2020. Assets totaled $7 million at the end of 2019. NCS is at full capacity and its assets must grow at the same rate as sales. At the end of 2019, current liabilities were $2.2 million, consisting of $750,000 of accounts payable, $600,000 of notes payable and $850,000 of accruals. The after-tax profit margin is forecasted to be 10% and the forecasted payout ratio is 35%. Use the AFN equation to forecast NCSs additional funds needed for 2020: