18. Using the AFN formula approach, calculate the total assets of this firm given the following information: Sales this year = $3,000; increase in sales projected for next year = 40 percent; net income this year = $500; dividend payout ratio = 70 percent; projected additional funds needed next year = $300; accounts payable - $300; notes payable = $100; and accrued wages and taxes = $200. Except for the accounts noted, there were no other current liabilities. Assume that the firm's profit margin remains constant and that the company is operating at full capacity.(2 points)