Suppose that Wall-E Corp. currently has the balance sheet shown below and that sales for the year just ended were $6.2 million. The firm also has a profit margin of 25 percent, a retention ratio of 30 percent, and expects sales of $8.2 million next year. Fixed assets are currently fully utilized, and the nature of Wall-Es fixed assets is such that they must be added in $1 million increments.

Assets					Liabilities and Equity
Current assets	$	1,736,000			Current liabilities	$	1,798,000
Fixed assets		4,216,000			Long-term debt		1,900,000
					Equity		2,254,000
Total assets	$	5,952,000			Total liabilities and equity	$	5,952,000

If current assets and current liabilities are expected to grow with sales, what amount of additional funds will Wall-E need from external sources to fund the expected growth? (Enter your answer in dollars not in millions.)

Additional funds needed