Clayton Industries is planning its operations for next year. The CFO wants you to forecast the firm's discretionary funds needed (DFN). Data for use in your forecast are shown below. Based on the DFN equation, and assuming all assets are being used at maximum capacity, what is the DFN for next year? Dollars are in millions. $350 Last year's accounts payable $40 30% Last year's notes payable $50 Last year's sales (So) Sales growth rate (8) Last year's total assets (A) Last year's profit margin $360 Last year's accruals $30 5% Dividend payout ratio 60% a. $67.0 O b. $78.7 O c. $63.9 O d. $77.9 e. $91.0