Franklin Products expects sales to increase by 15% from $8 million in 2021 to $9.2 million in 2022. Its assets totaled 6 million at the end of 2021. It is already operating at full capacity so assets must grow with sales. At year-end 2021, Current Liabilities totaled $1.4 million comprised of $450,000 in Accounts Payable, $500,000 Notes Pavable and $450,000 Accrued Liabilities. The net profit margin is forecasted to be 6% and the Payout ratio is 40%. Using the AFN formula, what are Franklin's additional funds needed in 2022?

a. 0

b. 208,000

c.283,800

d. 433,800