Cold Duck Manufacturing Inc. reported sales of $890,000 at the end of last year, but this year, sales are expected to grow by 7%. Cold Duck expects to maintain its current profit margin of 24% and dividend payout ratio of 15%. The following information was taken from Cold Duck's balance sheet: Based on the AFN equation, the firm's AFN for the current year is A positively signed AFN value represents: A point at which the funds generated within the firm equal the demands for funds to finance the firm's future expen 4 sales requirements. A shortage of internally generated funds that must be raised outside the company to finance the company's forecasted future growth. A surplus of internally generated funds that can be invested in physical or financal assets or poid out as additional dividends. Becouse of its excess funds, Cold Duck Manufacturing the is thinking about raising its dividend payout ratio to satisfy shareholders. Cold Duck could pay out of its earnings to shareholders without needing to ralse any external capital.(Hint: What can Cold Duck increase its dividend payout ratio to before the AFN becomes positive?)