2. A firm selling on 30-day payment terms (DSO = 34 days) reckons it can increase sales by 20% if it offers 45 days payment terms with actual payments coming in 50 days. Its sales are currently $567K. Inventory balances ($56K) and supplier credit ($34K) would increase in line with sales. The bank's $30K short- term revolving line of credit is "margined requiring 200% coverage by A/R and is currently 66% drawn. How much extra financing is required?: * $11K $55K $21K $34K