Outlaws is a general goods retail chain in the High Plains region. Use the equation approach and Outlaws financial information for Year 6 to calculate additional funds needed (AFN) in Year 7

Selected Financial Statement Values and Ratios
Outlaws Inc. As of December 31, Year 6 ($ millions)
Total Assets $14,700
Fixed Assets 9,637
Assets that Change with Sales 14,022
Total Revenues (Year 6 ) 29,210
Total Revenues (Year 7 ) 30,817
Change in Revenues 1,607
Total Liabilities 8,419
Liabilities that Change with Sales 3,651
Profit Margin 2.15%
Dividend Payout Ratio 0%

A) -$381 million
B) -$290 million
C) -$91 million
D) $127 million
E) $189 million

C