Fuzzy Button Balance Sheet For the Year Ended on December 31 Assets Current Assets: Current Liabilities: cash and equivalents Accounts receivable Inventories $150,000 Accounts payable 400,000 Acorued liabilities 350,000 Notes payable $900,000 Total Current Liabilities $250,000 150,000 100,000 $500,000 1,000,000 $1,500,000 Total Current Assets Long-Term Bonds Total Debt Net Fixed Assets: Net plant and equipment (cost minus depreciation) $2,100,000 Common Equity Common stock 800,000 00,000 $1,500,000 $3,000,000 Retained earnings Total common Equity Total tiabilities and Equity 3,000,000 Total Assets he firm is currently in the process of forecasting sales, asset requirements, and required funding ear in the year that just ended, Fuzzy Button ciothing company generated sso0,000 net income on sales of 14,500:000. The fim expects sales to incr ividend payout ratio of 45%. ease by 18% this coming year and also expects to maintain its long-run 199 y's assets ane fully utlized use the additional funds needed (AFN) equation to in total assets that is necessary to support Fuzzy Button Clothing company's expected sales deternmine the increase i o $486,000 O 55e4 000 O 540.000 5432 000 a ong with sa es spontaneous liabi tes are a source of for extemal captal. How much of the total spontaneousiy When a tirm s abital that t