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 - So $400 $40 Last year's accounts payable Last year's notes payable Sales growth rate = 9 20% $50 Last year's total assets = AD* $500 Last year's accruals $30 Last year's profit margin = PM 5% Target retention ratio 60%