Super X has current sales of 5,000,000, expects a 20% increase in sales, and has assets of 3,000,000. Super X is at full capacity and their assets grow at the same rate as there sales. Current Liabilities are 1,000,000 consisting of 250,000 of AP, 250,000 of accruals and 500,000 of notes payable. The after tax profit is projected to be at 5% and the payout ratio is 70%. Use the AFN formula to calculate the additional funds needed.