Carisbad Corporation's sales are expected to increase from $5 million in 2021 to $6 million in 2022 , or by 20%6. fts assets totaled $3 mililon at the end of 2021. Carisbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2021, current fiabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 34 , and the forecasted retention ratio is 25\%. Use the AFN equation to forecast the additional funds Carisbad will need for the coming year. Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar