2. Problem 16.02 (AFN Equation) ebook Carlsbad Corporation's sales are expected to increase from 5 million in 2019 to $6 million in 2020, or by 20%. Its assets totaled 56 million at the end of 2019. Carlsbad is a full capacity, so its assets must grow in proportion to projected sales. At the end of 2019, current abilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued abilities. Its profit margin is forecasted to be, and the forecasted retention ratio is 35%. Use the APN equation to forecast Carlsbad's additional funds needed for the coming year, write out your answer completely. For example, 5 million should be entered a 5,000,000. Round your answer to the nearest dollar 5 Now assume the company's acts to med million at the end of 2019. In the company's "capital interally the same or different comparing to initial situation? Diner The AT