ebook Carlsbad Corporation's soles are expected to increase from $5 million in 2021 to $6 million in 2022, or by 20%. Its assets totaled $3 million at the end of 2021. Carlsbad is at rum capacity, so its assets must grow in proportion to projected sales. At the end of 2021, current liabilities are $1 million consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accred liabilities. Its profit margin is forecasted to be Assume that the company days no dividends. Use the AFN equation to forecast the additional funds Carlsbad will need for the coming year. Write out your answer completely. For example, 5 milion should be entered as 5,000,000. Round your answer to the nearest dollar 1. WiW is the different from the one when the company pays dividends? 1. Under the ocean the company would have a higher level of spontaneous tinities, which would reduce the amount of additional funds needed 11. Under this scenario the company would have a lower level of retained earnings, which would increase the amount of additional hande needed III. Under this scenario the company would have a lower level of retained earnings, which would decrease the amount of additional funds needed 1. Under this scenario the company would have a higher level of retained earnings, which would reduce the amount of additional funds needed V. Under this scenario the company would have a higher level of retained earnings, which would reduce the amount of assets needed Set