Big Test Inc. had sales last year of $100mm. Sales are expected to grow 20% next year. To support the new sales level, the production manager has indicated that fixed assets will need to increase by $30mm. Last year's balance sheet showed the following: o Current assets = $20mm o Fixed assets = = $90mm Accounts Payable = $ 10mm Notes Payable = $20mm O Long-term Liabilities = $30mm o Common Stock = $20mm o Retained Earnings = $ 30mm = Given this data, what is the forcast level of total financing need? (Note: use the standard assumptions from lecture) $110mm $132mm $144mm $140mm