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AFN equation Broussard 5katmboerd's seles are expected to increase by 25% from $7 million in 2021 to $8.75 million in 2022 . Its perating assets

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AFN equation Broussard 5katmboerd's seles are expected to increase by 25% from $7 million in 2021 to $8.75 million in 2022 . Its perating assets were $5 million at the end of 2021 . Broussard is already at fulf capacity, wo its operating essets must graw at the same rate as projected sales. Ae the end of 2021 , current liabilities were 51.4 minton, consisting of $450,000 of accosints poyable, $00,000 of notes poyable, and \$450,000 of accruals. The after-tax profit margin is forecasted to be 3%, and the forecasted payout ratio is 0S\%. Ute the MEN equation to forecast Broussard's addational funds needed for the coming vear. Enter your anwwer in dollars. For example, an answer of $1.2 million shoult be entered as \$1,200,000, Do not round intermediate calculations. Plound your answer to the nearest dollar

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