Johnny's Hardware Store's sales were $523,000 during 2021, and its year-end assets were $435,000. For 2022, sales are expected to grow by 6%, and since the firm is operating at full capacity, its assets must grow in proportion to sales. Its current liabilities consisted of $70,000 of accounts payable, $31,000 of notes payable, and $64,000 of accruals. Its after-tax profit margin is forecasted to be 16%, and the firm plans to pay out 45% of its earnings. Based on the AFN equation, what is the firm's additional funds needed (AFN) for 2022? (HINT: do notes payable spontaneously increase with sales? Show all work.) A. -$3,225 B. -$10,725 C. -$18,725 D. -$23,225 E. -$30,725