Carlsbad Corporation's sales are expected to increase from $$5$ million in $2021$ to $$6$ million in $2022,$ or by $20\%.$ Its assets totaled $$2$ million at th at full capacity, so its assets must grow in proportion to projected sales. At the end of $2021,$ current liabilities are $$1$ million, consisting of $$250,0$ $$500,000$ of notes payable, and $$250,000$ of accrued liabilities. Its profit margin is forecasted to be $5\%,$ and the forecasted retention ratio is $30\%$ forecast the additional funds Carlsbad will need for the coming year. Write out your answer completely. For example, $5$ million should be entered answer to the nearest dollar.