Suppose that Wind Em Corp. currently has the balance sheet shown below, and that sales for the year just ended were $12 million. The firm also has a profit margin of 20 percent, a retention ratio of 30 percent, and expects sales of $22 million next year. If all assets and current liabilities are expected to grow with sales, what is the necessary increase in assets? 
Definitions:
TRICARE for Life
A healthcare program for U.S. military retirees and their dependents, providing Medicare-wraparound coverage.
Medicare
Medicare is a federal health insurance program in the United States for people aged 65 and older, as well as for some younger people with disabilities.
Payment System
A mechanism established to facilitate the transfer of money between individuals, businesses, and institutions.
Resources
Assets, materials, or other assets that can be used to achieve goals or carry out projects, including natural, financial, and human resources.
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