More on the AFN $($Additional Funds Needed$)$ equation

Blue Elk Manufacturing reported sales of $$743,000$ at the end of last year, but this year, sales are expected to grow by $7\%.$ Blue Elk expects to maintain its current profit margin of $20\%$ and dividend payout ratio of $15\%.$ The following information was taken from Blue Elk's balance sheet:

$\backslash$table$[[$Total assets:,$$475,000$