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?(Financial forecasting long dash—percent of sales?) Next?year's sales for Cumberland Mfg. are expected to be ?$19.20million. Current sales are ?$16 ?million, based on current assetsof ?$5.33 million and fixed assets of ?$8.00 million. The? firm'snet profit margin is 44 percent after taxes. Cumberland estimatesthat its current assets will rise in direct proportion to theincrease in? sales, but that its fixed assets will increase byonly? $200,000. Currently, Cumberland has $1.50 million in accountspayable? (which vary directly with? sales), $22 million in?long-term debt? (due in 10? years), and common equity? (including$33 million in retained? earnings) totaling $9.83 million.Cumberland plans to pay $0.19 million in common stock dividendsnext year.a. What are? Cumberland's total financing needs? (that is,total? assets) for the coming? year?b. Given the? firm's projections and dividend payment? plans,what are its discretionary financing? needs?c. Based on your? projections, and assuming that the? $200,000expansion in fixed assets will? occur, what is the largest increasein sales the firm can support without having to resort to the useof discretionary sources of? financing?