Lindsey Insurance Co. has current sales of $10 million and predicts next years sales will grow to $14 million. Current assets are $3 million and fixed assets are $4 million. The firms net profit margin is 7 percent after taxes. Presently, Lindsey has $900,000 in accounts payable, $1.1 million in long-term debt, and $5 million (including $2.5 million in retained earnings) in common equity. Next year, Lindsey projects that current assets will rise in direct proportion to the forecasted sales, and that fixed assets will rise by $500,000. Lindsey also plans to pay dividends of $400,000 to common shareholders. a. What are Lindseys total financing needs for the upcoming year? b. Given the above information, what are Lindseys discretionary financing needs?