Balance Sheet Current assets Cash 830,000 Acc receivable not given Inventories 1,280,000 Fixed assets 3,830,000 TOTAL ASSETS 7,500,000 Current liabilities Acc payable not given Long-term debt 3,000,000 Common stock 1,050,000 Retained earnings 2,990,000 TOTAL LIAB and EQUITY 7,500,000 Income Statement Sales 30,000,000 Operating expense 22,900.000 EBIT 7,500,000 Interest expense 420,000 EBT 7,000,000 Taxes 2,232,000 Net income 4,248.000 What the sam return on somon suy CCC currently has sales of $25,000,000 and projects sales of $31,250,000 for next year. The firm's current assets equal $9,000,000 while its fixed assets are $6,000,000. The best estimate is that current assets will rise directly with sales while fixed assets will rise by $500,000. The firm presently has $4,500,000 in accounts payable, $3,200,000 in long-term debt, and $7,300,000 in common equity. All current liabilities are expected to change directly with sales. CCC plans to pay $900,000 in dividends next year and has a 4.0% net profit margin. What are the company's additional funds needed for the next year? (Round your answer to the nearest dollar.) $375,000 $2,400,000 $1,625,000 $1.275.000 $2,750,000