Cold Duck Manufacturing Inc. has the following end-of-year balance sheet: Cold Duck Manufacturing Inc. generated $350,000 net income on sales of $14,000,000. The firm expects sales to increase by 17% this coming year and also expects to maintain its long-run dividend payout ratio of 40%. Suppose Cold Duck Manufacturing Inc.'s assets are fully utilized. Use the additional funds needed (AFN) equation to determine the increase in total assets that is necessary to support Cold Duck Manufacturing Inc.'s expected sales. (Note: Do not round intermediate calculations.) $510,000$433,500$561,000$459,000 When a firm grows, some liabilities grow spontaneously along with sales. Spontaneous liabilities are a source of capital that the firm will generate Duck Manufacturing Inc. this year? (Note: Do not round intermediate calculations.) $57,800$61,200$68,000$74,800 In addition, Cold Duck Manufacturing Inc. is expected to generate net income this year. The firm will pay out some of its earnings as dividends but will retain the rest for future asset investment. Again, the more a firm generates internally from its operations, the less it will have to raise externally the capital markets. Assume that the firm's profit margin and dividend payout ratio are expected to remain constant. Given the preceding information, Cold Duck Manufacturing Inc. is expected to generate $ from operations that will be added to retained earnings. (Note: Do not round intermediate calculations.) According to the AFN equation and projections for Cold Duck Manufacturing Inc., the firm's AFN is $ . (Note: Do not round intermediate calculations.)