A company is preparing a pro forma balance sheet. The company forecast $$10$ million in projected sales. The projected cash needed $6\%$ of sales, accounts receivable are $19\%$ of sales, and PP&E are $50\%$ of sales. Accounts payable have been $12\%$ of sales, historically.

Shareholders' equity is $$1\mathrm{.}5$ million. Pro forma income is $$3\mathrm{.}6$ million. The company has no long$-$term debt.

What is the discretionary financing needed?