Build a pro-forma model and figure out the external fund needed (plug) for this company. Next year's Sales is expected to be 426. Last year's ending shareholder equity is 225. Round the number to the nearest integer (whole number)

COGS is estimated to be 65% of sales

SG&A is 3% of sales

Depreciation is 2% of sales

Interest rate is 10%

Income tax is 20%

Cash is 10% of sales

Accounts receivable is 20% of sales

Inventory is 50% of COGS

Net PPE is projected to be 600

Accounts payable is 50% of COGS