Last year, sales for the Peter Piper Pickle Company were $6 million. The firm is operating at full capacity. The ratios for several balance sheet items and income statement items relative to sales were calculated as follows.

Cash= 2%

Accounts Receivable= 10%

Inventory= 15%

Net Fixed Assets= 40%

Accounts Payable= 15%

Notes Payable= 15%

Other Accruals= 5%

Net Income= 9%

The firm wishes to maintain its 35% payout ratio. If sales were to increase 20%, what would the Additional Funds Needed be?

$142.8 million

-$37.2 million

-$337.2 million

$250.8 million