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Seeking Ivy Fertilizer, Inc. (SIF, Inc.) anticipates reaching a sales level of $1,460,000 in one year. The company expects earnings after taxes during the next year to equal $359,000. During the past several years, the company has been paying $81,000 in dividends to its stockholders. The company expects to continue this policy for at least the next year. The actual balance sheet and income statement for SIF, Inc. during 2018 are below. Seeking Ivy Fertilizer, Inc. Balance Sheet as of December 31, 2018 (in dollars) Cash 350,000 Accounts payable 350,000 Accounts receivable 220,000 Notes payable 180,000 Inventories 555,000 Long-term debt 480,000 Fixed assets, net 950,000 Stockholders' equity 1,065,000 Total assets 2,075,000 Total liabilities and equity 2,075,000 Income Statement for the Year Ending December 31, 2018 (in dollars) Sales 1,200,000 Expenses, including interest and taxes 900,000 Earnings after taxes 300,000 Using the percentage of sales method, calculate the additional financing that SIF, Inc. will need over the next year to fund sales growth plans. Round your answer to the nearest dollar