Quantitative Problem 1: Beasley Industries' sales are expected to increase from $4 million in 2017 to $5 milion in 2018 , or by 25%. Its assets totaled $2 million at the end of 2017 . Beasley is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2017 , current liabilities are $760,000, consisting of $140,000 of accounts payable, $350,000 of notes payable, and $270,000 of accrued liabilities. Its profit margin is forecasted to be 4%, and its dividend payout ratio is 50%. Using the AFN equation, forecast the additional funds Beasley will need for the coming year. Round your answer to the nearest dollar. Do not round intermediate calculations