3. The Additional Funds Needed (AFN) equation Blue Elk Manufacturing has the following end-of-year balance sheet: $72,000 $75,600 $64,800 $68,400 In addition, Blue Elk Manufacturing is expected to generate net income this year. The firm will pay out some of its earnings as dividends but will retain the rest for future asset investment. Again, the more a firm generates internally from its operations, the less it will have to raise externally from the capital markets. Assume that the firm's profit margin and dividend payout ratio are expected to remain constant. Given the preceding information, Blue Elk expects to generate (Hint: Round your answer to the nearest whole dollar.) from operations that will be added to its existing retained earnings. According to the AFN equation and projections for Blue Elk Manufacturing, the firm's AFN is