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Aroussard Sixateboard's sales are expected to increase by 20% from 37.2 million in 2019 to $9.64 million in 2020. Its assets totaled $3 millon at

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Aroussard Sixateboard's sales are expected to increase by 20% from 37.2 million in 2019 to $9.64 million in 2020. Its assets totaled $3 millon at the end of 2019 . Broussard is already at full capacty, so its assets must grow at the same rate as projected sales. At the end of 2019, current biabtites were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and 5450,000 of accruals. The after-tax proft margin is forecasted to be 3\%, and the forecasted paydut ratio is 55%. Wie the AfN equation to forecay, Broussard's additional finds needed for the coming year, Enker yeur answer in dollars. For example, an ansher of 31.2 million should be entered as 51,200,000. Do not round intermedite calculations. Round your answer to the nearest dollar. 5

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