Carlsbad Corporation's sales are expected to increase from $5 million in 2019 to 56 million in 2020, or by 20%. Its assets totaled 54 million at the end of 2019. Carlsbad is a full capacity, so its sets must grow in proportion to projected sales. At the end of 2019, current abilities are st 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, and the forecasted retention ratio is 40%. Use the APN equation to forecast the additional funds Carlsbad will need for the coming year. Write out your answer completely. For example, in should be entered as 5,000,000. Round your answer to the nearest dollar