Bullock Inc's sales were $500,000 during 2005, and its year-end assets were $750,000. For 2006, sales are expected to grow by 30%, and since Bullock is operating at full capacity, its assets must grow in proportion to sales. Its 2005 current liabilities consisted of $40,000 of accounts payable, $50,000 of notes payable, and $30,000 of accruals. Its after-tax profit margin is forecasted to be 5%, and the firm plans to pay out 60% of its earnings. Based on the AFN equation, what is the firm's additional funds needed (AFN) for 2006?
A. $177,000
B. $184,000
C. $191,000
D. $198,000
E. $205,000