4. Johnny's Hardware Stores sales were $650,000 during 2020, and its year-end assets were $540,000. For 2021, sales are expected to grow by 6%, and since the firm is operating at full capacity, its assets must grow in proportion to sales. Its current liabilities consisted of $75,000 of accounts payable, $35,000 of notes payable, and $65,000 of accruals. Its after-tax profit margin is forecasted to be 16%, and the firm plans to pay out 15% of its earnings. Based on the AFN equation, what is the firm's additional funds needed (AFN) for 2021? (HINT: do notes payable spontaneously increase with sales? Show all work.) A. -$42,204 B. -$49,704 C. -$57,704 D. -$62,204 E. 69,704