A company is planning its operations for the next year. The management wants to forecast the firm's additional or external funds needed (AFN or EFN). The firm is operating at full capacity. Data for use in the forecast are shown below (Figures below are in million dollars).

Last years sales $400.0 Last years accounts payable $50.0

Sales growth rate 30% Last years accruals $30.0

Last years total assets $500.0 Last years long-term debt $210.0

Last years profit margin 20.0% Last years equity $210.0

Last years payout ratio 10.0%

If the firm plans to keep Long-term debt/Equity ratio constant next year, how much additional long-term debt and equity should the firm plan to raise?