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Chapter 12: Intermediate Problem 12-6 (page 530) The Booth Company's sales are forecasted to double from $1,000 in 2019 to $2,000 in 2020. Here is the December 31, 2019, balance sheet (see attached Excel sheet): Accounts Cash $100 $50 payable Accounts Notes 200 150 receivable payable Inventories 200 Accruals 50 Long- Net fixed 500 term 400 assets debt Common 100 stock Retained 250 earnings Total Total liabilities $1.000 +1 250 earnings Total liabilities Total assets $1,000 $1,000 and equity Booth's fixed assets were used to only 50% of capacity during 2019, but its current assets were at their proper levels in relation to sales. All assets except fixed assets must increase at the same rate as sales, and fixed assets would also have to increase at the same rate if the current excess capacity did not exist. Booth's after-tax profit margin is forecast to be 5% and its payout ratio to be 60%. What is Booth's additional funds needed (AFN) for the coming year