At year-end 2020, total assets for XYZ Company were $1.2 million and accounts payable were $375,000. Sales, which in 2020 were $2.5 million, are expected to increase by 25 percent in 2021. Total assets and accounts payable are proportional to sales and that relationship will be maintained. XYZ Company typically uses no current liabilities other than accounts payable. Common stocks amounted to $425,000 in 2020, and retained earnings were $295,000. XYZ Company plans to sell new common stock in the amount of $75,000. The firms profit margin on sales is 10 percent; 50 percent of earnings will be paid out as dividends You are required to forecast XYZs additional funds, by using the AFN formula, needed for 2021.