10. Baxter Box Company's balance sheet showed the following amounts as of December 31st: $ 10 Cash Accounts receivable Inventory Net fixed assets 50 100 Accounts payable Accruals Notes payable Long-term debt Common stock Retained earnings Total liabilities and equity 20 120 $200 Total assets $200 Last year the firm's sales were $4,000, and it had a profit margin of 10 percent and a dividend payout ratio of 50 percent. Baxter Box operated its fixed assets at 70 percent of capacity during the year. The company expects to increase next year's sales by 40 percent, but the profit margin is expected to fall to 3 percent, and the dividend payout ratio is expected to rise to 60 percent. What is Baxter Box's additional funds needed (AFN) for next year? (2 points)