You think you may need some external funding for your venture so you create projections to calculate Additional Funds Needed $($AFN$).$ Your projections indicate the following:

Current Assets $ $760,000$

Long Term Assets $ $1,250,000$

Current Liabilities $ $450,000$

Long Term Liabilities $ $900,000$

Equity $ $400,000$

Based on these, what is your AFN?

$$230,000$

$$260,000$

$$130,000$

$$115,000$

$$330,000$

$$150,000$