Last year, Grow Now reported sales of $8 million, net income of $50,000, total assets of $4 million, and total equity of $2 million. If the firm wants to increase sales next year by 10.14 percent and has a dividend payout ratio of 30 percent of earnings, Grow Now's contribution to retained earnings next year will be according to the sustainable growth model. $367,051 $998,352 $495,183 $551,315 cannot be determined with given information