A value: 10.00 points The most recent financial statements for Fleury Inc., follow. Sales for 2015 are projected to grow by 25 percent. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, fixed assets and accounts payable increase spontaneously with sales. FLEURY, INC 2014 Income Statement Sales Costs Other expenses $ 753,000 588,000 24,000 Earnings before interest and taxes Interest paid $ 141,000 10,000 Taxable income Taxes (40%) $ 131,000 52,400 Net income $ 78,600 Dividends Addition to retained earnings $ 31,440 47,160 Assets Current assets Cash Accounts receivable FLEURY, INC. Balance Sheet as of December 31, 2014 Liabilities and Owners' Equity Current liabilities $ 21,240 Accounts payable $ 55,400 33,560 Notes payable 14,600 Inventory 70,520 Total $ 70,000 Total Fixed assets $125,320 Long-term debt Owners' equity $ 101,000 Earnings before interest and taxes Interest paid $ 141,000 10,000 Taxable income Taxes (40%) $ 131,000 52,400 Net income $ 78,600 Dividends Addition to retained earnings $31,440 47,160 Assets Current assets Cash Accounts receivable FLEURY, INC. Balance Sheet as of December 31, 2014 Liabilities and Owners' Equity Current liabilities $ 21,240 Accounts payable $ 55,400 33,560 Notes payable 14,600 Inventory 70,520 Total $ 70,000 $ 125,320 Total Fixed assets Net plant and equipment $ 210,000 Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $ 101,000 $ 100,000 64,320 Total $ 164,320 Total assets $ 335,320 Total liabilities and owners' equity $ 335,320 If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the 25 percent growth rate in sales? (Do not round Intermediate calculations.) EFN