27. (10 points). The Newport Group's sales are forecasted to increase from $5,000 in 2017 to $8,000 in 2018. Here is the December 31, 2017, balance sheet Cash 2012 2018 2018 2017 $100 300 100 800 200 500 $200 Accounts receivable 400 Accounts payable Notes payable Accruals Long-term debt Common stock Retained earnings Inventories Net fixed assets 400 1,000 !assets $2,000 Total liabilities and equity The company's fixed assets were used to only 50% of capacity during 2017, but its current assets were at their proper levels in relation to sales. All assets (except for fixed assets) and spontaneous liabilities must increase at the same rate as sales. The firm does not wish to sell any of its current fixed assets. The firm's after-tax profit margin is forecasted to be 6% and its payout ratio to be 30%. What is Newport's external funds needed (EFN) for the coming year 2018