Additional information -annual sales are 6 500 000 spread evenly over the year. All sales are on credit with an after-tax margin of 8%, of which 50% is retained within the company. -the sales forecast for the next year is set at R8 900 OOO please answer below question: Estimate the additional working capital required to support the expected increase in sales

Perma Flooring Ltd has provided the following informatic Capital employed Share capital 510 000 Distributable reserves 550 000 Shareholders' interest 1 060 000 Long-term loans 350 000 1 410 000 Represented by: Fixed assets 1 000 000 Inventory 450 000 Trade and other receivables 280 000 75 000 Cash 1 805 000 Current liabilities Trade and other payables 340 000