Suppose that Wall$-$E Corporation currently has the balance sheet shown below, and that sales

for the year just ended were $$6\mathrm{.}0$ million. The firm also has a profit margin of $30$ percent and a

retention ratio of $20$ percent and expects sales of $$8\mathrm{.}0$ million next year. Fixed assets are

currently fully utilized, and the nature of Wall$-$E$\text{'}$s fixed assets is such that they must be added

in $$1$ million increments.

If current assets and current liabilities are expected to grow with sales, what amount of

additional funds will Wall$-$E need from extemal sources to fund the expected growth?

Note: Enter your answer in dollars not in millions. Round your answer to the nearest whole

dollar.

Additional funds needed