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Sarlsbad Corporation's sales are expected to increase from $5 million in 2021 to $6 million in 2022 , or by 20%. Its assets totaled $3 million at the end of 2021 . Carlsbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2021 , current liabilities are $1 milition, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit matgin is forecasted to be 7%; and the forecasted retention ratio is 406. Use the AFN equation to forecast the additonal funds Carbbad will need for the coming vear. Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollat. What additional funds would be needed, A the corroany's year-end 2021 assets had been 54 miltion? Assume that all other numbers are the same. Write out your anwwer completely. for exarnple, 5 million stiould be entered as 5,000,000. Flound your answer to the nearest dollar