Daniel Sawyer, the CEO of the Sawyer Group, is initiating planning for the company's operations next year, and he wants you to forecast the firm's additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions.

Last year's sales = S0$350Last year's accounts payable$40Sales growth rate = g30%Last year's notes payable$50Last year's total assets = A0*$400Last year's accruals$30Last year's profit margin = PM5%Target payout ratio60%