Wontaby Ltd. is extending its credit terms from 45 to 60 days Sales are expected to increase from $4.71 million to $5.81 million as a result Wontaby finances short-term assets at the bank at a cost of 12 percent annually Calculate the additional annual financing cost of this change in credit terms. (Use 365 days in a year. Do not round intermediate calculations. Round the final answer to the nearest whole dollar. Enter answer in whole dollor not in million.) Annual financing cost