roblems: Answers in dollars should be rounded to the nearest penny while percentages should be rounded to the nearest hundredth of a percent. 1. In 2022, Green Moose Industries generated $500,000 of net income on sales of $14,000,000 and had a 60% dividend payout ratio. For 2023 , management expects that the sales will be $18,200,000, net income will be $650,000 and the firm will maintain the same payout ratio. Given the 2022 balance sheet, what is the additional financing needed (AFN) and what are the projected 2023 balances for the following accounts if the firm's financing policy is to use long-term debt to raise external capital? (12 points)