Suppose that Wall-E Corporation currently has the balance sheet shown below, and that sales for the year just ended were $7.2 million. The firm also has a profit margin of 30 percent and a retention ratio of 20 percent and expects sales of $9.2 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 $ 2,088,000

Current liabilities $ 2,448,000

Fixed assets 5,112,000

Long-term debt 1,600,000

Equity 3,152,000

Total assets $ 7,200,000

Total liabilities and equity $ 7,200,000

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?