Use the following information to compute the AFN.

Last year's sales = S0		$25,000		Last year's A/P	$450
Sales growth rate = g		4.5%		Last year's N/P	$4,500
Last year's total assets = A0*		$50,000		Last year's accruals	$40
Last year's profit margin = PM		14.0%		Target payout ratio	40%