FIFA&Co projects its sales next year to be $6.0 million and expects to earn 10% of that amount after taxes. The firm is currently in the process of projecting its financing needs and has made the following assumptions/projections:

1. Current assets are equal to 20 % of sales, and fixed assets remain at their current level of $1.0 million.
2. Common equity is currently $0.8 million, and the firm pay out half of its after-tax earnings in dividends.
3. The firm has short-term payables and trade credit that normally equal 12% of sales and it has no long-term debt outstanding.

According of this, calculate FIFA&Cos DFN (Discretionary Financing Needs).