(Financial forecasting-discretionary financing needs) J. T. Jarmon, Ine, has been in business for only 1 year, and the CFO expocts that the relalionship berwoen firm sales and its operating expenses, current assets, not foxed assots, and current liabieties will remain at their current proportion of sales. Last year, Jarmon had $11 million in sales and net income of \$1.10 milion. The firm anticipates that next year's sales will reach $13.750 milion, with nat incorne riang to $1.21 milion. Given its present high rate of growth, the firm retains all its earnings to help defray the cost of new investments. The firm's balance sheet for 2018 is found in the popup window: Using the information provided, make an estimate of Jarmon's financing recurements or total assets for 2019 and its discretionary financing needs (DFN). What are Jarmon's financing requirements or total assets for 2019 ? (Round to the nearest dollar.) Data table