Additional Funds NeededThe Booth Company's sales are forecasted to double from $1,000 in 2018 to$2,000 in 2019. Here is the December 31, 2018, balance sheet:Cash $100 Accounts payable $50Accounts receivable 200 Notes payable 150Inventories 200 Accruals 50Net fixed assets 500 Long-term debt 400Common stock 100Retained earnings 250Total assets $1,000 Total liabilities and equity $1,000Booth's fixed assets were used to only 50% of capacity during 2018, butits current assets were at their proper levels in relation to sales. All assetsexcept fixed assets must increase at the same rate as sales, and fixed assetswould also have to increase at the same rate if the current excess capacitydid not exist. Booth's after-tax profit margin is forecasted to be 5% and itspayout ratio to be 60%. What is Booth's additional funds needed (AFN) forthe coming year?