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Fuzzy Button Clothing Company reported sales of $ 8 9 0 , 0 0 0 at the end of last year; but this year, sales

Fuzzy Button Clothing Company reported sales of $890,000 at the end of last year; but this year, sales are expected to grow by 10%Fuzzy Button expects to maintain its current profit margin of 23% and dividend payout ratio of 20%. The firm's total assets equaled $500,000 and were operated at full capacityFuzzy Button's balance sheet shows the following current liabilities: accounts payable of $65,000, notes payable of $30,000, and accrued of $60,000Based on the AFN (Additional Funds Needed ) equation, what is the firm's AFN for the coming year?

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