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 $11 million in sales and net income of $1.10 million. The firm anticipates that next year's sales will reach $13,750 million, with net income rising to $1.21 million. 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 below:

BALANCE SHEET 12/31/2018 % OF SALES Current assets 2,200,000 20% Net fixed assets 6,600,000 60% Total 8,800,000 LIABILITIES AND OWNER'S EQUITY Accounts payable 2,750,000 25% Long-term debt 1,400,000 Total liabilities 4,150,000 Common stock 1,000,000 Paid-in capital 2,550,000 Retained earnings 1,100,000 Common equity 4,650,000 Total 8,800,000

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

What are Jarmon's financing requirements or total assets for 2019? $ (Round to the nearest dollar.)