Lifestyle Retail$$s $($LR$)$ sales are expected to increase from $$8$ million in $2022$ to $$10$ million in $2023.$ Its assets totalled $$5$ million at the end of $2022.$ LR is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of $2022,$ current liabilities were $$1\mathrm{.}6$ million, consisting of $$550,000$ of accounts payable, $$600,000$ of notes payable, and $$450,000$ of accruals. The after$-$tax profit margin is forecasted to be $6\%,$ and the forecasted payout ratio is $30\%.$ Use the AFN equation to forecast LR$\text{'}$s additional funds needed for the coming year. Enter your answer rounded to two decimal places. Do not enter $ or comma in the answer box. For example, if your answer is $$12,300\mathrm{.}456$ then enter as $12300\mathrm{.}46$ in the answer box.