Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to S6 million in 2017, or by 20% Its assets totaled S6 million at the end o 2016 Carlsbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2016, current liabilities are $1 million, consisting of S250,000 of accounts payable $500,000 of notes payable, and S250 000 of accrued liabilities. Its profit margin is forecasted to be 6% and the forecasted retention ratio is 30% Use the AFN equation to forecast Carlsbad's additional funds needed 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 cent Now assume the company's assets totaled $4 million at the end of 2016. Is the company's "capital intensity" the same or different comparing to initial situation? -Select