You have been asked to forecast the additional funds needed (AFN) next year for Greshak Corp.. The company is expected to be operating at full capacity. Greshak management is considering doubling it payouts ratio from the current 20%, however, is uncertain what impact this change will have on the company's funding requirements. Given the information below (and based on the AFN equation), what will Greshak's AFN be if it doubled its payout ratio to 40% for the coming year

Last Years sales $1,400.0

Projected sales growth rate 20%

Last years total assts $1,400.0

Last years net profit margin 15.0%

Last years account payable $300.0

Last years notes payable $465.0

Last year accruals $170.0

Current payout ratio $20.0%