Question 9 (1 point) CCC currently has sales of $24,000,000 and projects sales of $30,000,000 for next year. The firm's current assets equal $7,000,000 while its fixed assets are $9,000,000. The best estimate is that current assets will rise directly with sales while fixed assets will rise by $300,000. The firm presently has $2,800,000 in accounts payable, $1,700,000 in long-term debt, and $11,500,000 in common equity. All current liabilities are expected to change directly with sales. CCC plans to pay $800,000 in dividends next year and has a 5.0% net profit margin. What are the company's additional funds needed for the next year? (Round your answer to the nearest dollar.) $1,350,000 $1,350,000 $650,000 - $150,000 $2,050,000