In 1998, Hepler Company's sales were $26 million and its total assets were $10 million. Current liabilities were $4 million and total equity was $2 million. Hepler Company's sales for 1999 were forecasted to be $34 million, earnings after taxes were expected to be 5% of sales and dividends of $800,000 were expected to be paid. Assuming that the ratios "assets to sales" and "current liabilities to sales" in 1998 remain the same in 1999, determine the amount of additional financing required.

a. $1,746,154

b. $1,446,154

c. $6,946,154

d. $946,154