Assume that a firm has Sales of $$25,000,000,$ total assets of $$20,000,000,$ current assets of $$8,000,000,$ spontaneous liabilities of $$3,000,000,$ a profit margin of $3\mathrm{.}825$ percent, a tax rate of $40\%,$ and a dividend payout rate of $60$ percent. Also assume that sales are expected to increase to $$28,000,000$ for the coming year and that the firm will not need to increase its fixed assets at this level of sales. Given this information, and using the equation approach, determine the additional funds needed for the coming year.

$$180,000$

$$171,600$

$$177,200$

$$168,800$

$$174,400$