More on the AFN $($Additional Funds Needed$)$ equation

Cold Duck Manufacturing Inc. reported sales of $$820,000$ at the end of last year, but this year, sales are expected to grow by $9\%.$ Cold Duck exp to maintain its current profit margin of $24\%$ and dividend payout ratio of $30\%.$ The following information was taken from Cold Duck's balance sh

$\backslash$table$[[$Total assets:,$$450,000$