Green Moose Industries reported sales of $$720,000$ at the end of

last year; but this year, sales are expected to grow by $8\%.$ Green

Moose expects to maintain its current profit margin of $24\%$ and

dividend payout ratio of $30\%.$ The firm$$s total assets equaled

$$475,000$ and were operated at full capacity. Green Moose$$s balance

sheet shows the following current liabilities: accounts payable of

$$60,000,$ notes payable of $$25,000,$ and accrued liabilities of

$$70,000.$ Based on the AFN $($Additional Funds Needed$)$ equation, what

is the firm$$s AFN for the coming year?$-$$$103,037-$$$133,948-$$$108,189-$$$113,341$A negatively$-$signed AFN value represents:A surplus of internally generated funds that can be invested in

physical or financial assets or paid out as additional

dividends.A point at which the funds generated within the firm equal the

demands for funds to finance the firm$$s future expected sales

requirements.A shortage of internally generated funds that must be raised

outside the company to finance the company$$s forecasted future

growth.Because of its excess funds, Green Moose is thinking about

raising its dividend payout ratio to satisfy shareholders. What

percentage of its earnings can Green Moose pay to shareholders

without needing to raise any external capital? $($Hint: What can

Green Moose increase its dividend payout ratio to before the AFN

becomes positive?$)85\mathrm{.}2\%72\mathrm{.}4\%68\mathrm{.}2\%59\mathrm{.}6\%$