Input Inc. reported sales of $820,000 at the end of last year; but this year, sales are expected to grow by 9%. Input Inc. expects to maintain its current profit margin of 22% and dividend payout ratio of 15%. The firm's total assets equalled $400,000 and were operated at full capacity. Input Inc.'s balance sheet shows the following current liabilities: accounts payable of $75,000, notes payable of $35,000, and accrued liabilities of $80,000. Based on the additional funds needed (AFN) equation, what is the firm's AFN for the coming year? $174,109$188,618$145,091$181,364 A negative AFN value represents: 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 A surplus of internally generated funds that can be invested in physical or financial assets or paid out as additional dividends Because of its excess funds, Input Inc. is thinking about raising its dividend payout ratio to satisfy shareholders. What percentage of its earnings can Input Inc. pay to shareholders without needing to raise any external capital? (Hint: What can Input Inc. increase its dividend payout ratio to befor the AFN becomes positive?) 84.4%88.8%62.2%75.5%