A firm has total assets of $850,000, long-term debt of $450,000, stockholders' equity of $230,000, and current liabilities of $170,000. The dividend payout ratio is 35 percent and the profit margin is 8 percent. Assume all assets and current liabilities change spontaneously with sales and the firm is currently operating at full capacity. What is the external financing need if the current sales of $1,600,000 are projected to increase by 20 percent?

		$45,690
		$42,750
		$36,160
		$27,470
		$23,840