Clayton Industries is planning its operations for next year, and Ronnie Clayton, 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?Pesos are in millions.

Last yr's sales= S0

P350

Sales growth rate= g

30%

Last yr's total assets= A*0

P580

Last yr's prof margin=M

5%

Last yr's accounts payable

P40

Last yr's notes payable

P50

Last yr'saccruals

P30

Target payout ratio

60%

Choices:

P139.6

P130.9

P143.9

P120.9