4. Johnny's Hardware Store's sales were $550,000 during 2019, and its year-end assets were $440,000. For 2020, sales are expected to grow by 5%, and since the firm is operating at full capacity, its assets must grow in proportion to sales. Its current liabilities consisted of $65,000 of accounts payable, $25,000 of notes payable, and $55,000 of accruals. Its after-tax profit margin is forecasted to be 17%, and the firm plans to pay out 25% of its earnings. Based on the AFN equation, what is the firm's additional funds needed (AFN) for 2020? (HINT: do notes payable spontaneously increase with sales? Show all work.) A. -$30,131 B. -$37,631 C. -$45,631 D. -$50,131 E. -S57,631