Chua Chang & Wu Inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year's sales = 50 Sales growth rate = 8 Last year's total assets = A. Last year's profit margin = M $200,000 40% $135,000 Last year's accounts payable $50,000 Last year's notes payable (to bank) $15,000 Last year's accruals $20,000 Target payout ratio 25.0% 20.0% 0-$16,000 -$17,640 -$15,200 -$14.440