10. Polar Bear Mining sales are forecast to increase from $1000 in 2022 to $2000 in 2023. Here is the Dec 31, 2022 balance sheet: ADMN 3116A Page 8 of 11 Cash $100 Accounts receivable 200 Accounts payable Notes Payable $ 50 150 Inventories 200 Accruals 50 Net fixed assets 500 Long-term Debt 400 Total assets $1.000 Common stock 100 Retained earnings 250 Final Fall 2022 RO Total Liability and equity $1.000 Polar Bear's fixed assets were used to only 50% of capacity during 2022, but its current assets were at their proper levels. All assets except fixed assets increase at the same rate as sales, and fixed assets would also increase at the same rate if the current excess capacity did not exist. Polar Bear's after tax profit margin is forecast to be 5% and its payout ratio will be 60%. What is a) what amount of net fixed assets may be needed to meet the projected sales in 2023? b) the AFN needed for 2023 using the Forecast Financial Statement method. AFN-