Broussard Skateboard's sales are expected to increase by 20% from $9.0 million in 2019 to $10.80 million in 2020. Its assets totaled $4 million at the end of 2019 . Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019 , current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 55%. Use the AFN equation to forecast Broussard's additional funds needed for the coming year, Enter your answer in dollars. For example, an answer of $1.2 million should be entered as $1,200,000. Do not round intermediate calculations. Round your answer to the nearest dollar