(Financial forecastinglong dash discretionary financing needs)

J. T. Jarmon, Inc. has been in business for only 1 year, and the CFO expects that the relationship between firm sales and its operating expenses, current assets, net fixed assets, and current liabilities will remain at their current proportion of sales.

Last year, Jarmon had$18 comma 400 comma 000 in sales and net income of $552 comma 000.The firm anticipates that next year's sales will reach $21 comma 160 comma 000,with net income rising to $634 comma 800.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:

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. Using the information provided, make an estimate of Jarmon's financing requirements or total assets for 2019 and its discretionary financing needs

(DFN).