Please solve using AFN equation and proforma method.

6. (20 points) The balance sheet for the Heir Jordan Corporation most recent balance sheet is as follow: 1,000,000 2,000,000 1,000,000 4,000,000 4,000,000 3,000,000 6,000,000 Cash 1,000,000 Accounts payable Marketable securities ,000,000 Notes Payable Accounts receivable Inventory 1,000,000 2,000,000 Current liabilities 5,000,000 Long-term debt Accruals Current Assets Common stock Fixed assets 12,000,000 Retained earnings 17,000,000 Total liabilities and equity 17,000,000 Total assets The firm estimates sales will increase from $30 million to $40 million. The firm's profit margin is percent, and its dividend payout ratio is 40 percent. To increase sales, the firm must increase its ixed assets from $12 million to $15 million. Using the AFN method, determine how much fe outside financing is required