Afrm has Sales of $25,000,000, total assets of $22,500,000, current assets of $8,000,000, spontaneous liabilities of $5,000,000, a profit margin of 5 percent, a tax rate of 40%, and a dividend payout rate of 20 percent. Sales are expected to increase to $28,000,000 for the coming year, and the firm will need to increase its fxeed assets at this level of sales (hat is, tixed a ssets will increase proportionately with sales. Given this information, and using the equation approach, determine the additional funds needed for the coming year. 0$920,000 0$980,000 0$950,000 0$1,040,000 051,010,000