MNO Co.'s sales are expected to increase from $5 million in 2016 to $6 million in 2017 , or by 20%. Its assets totaled $3 million at the end of 2016. The company is at full capacity, so its assets must grow in production to projected sales. At the end of 2016, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 3%, and the forecasted dividend payout ratio is zero. Use the AFN equation to forecast the additional funds the company will need for the coming year. Select one: a. $446,000 b. $154,000 c. $320,000 d. $180,000 e. $54,000