Dahlia Colby, CFO of Charming Florist Limited, has created the firm's pro forma balance sheet for the next fiscal year. Sales are projected to grow by $10$ percent to $$330$ million. Current assets, fixed assets, and short$-$term debt are $25$ percent, $80$ percent, and $15$ percent of sales, respectively. Charming Florist pays out $30$ percent of its net income in dividends. The company currently has $$135$ million of long$-$term debt and $$63$ million in common stock par value. The profit margin is $10$ percent.

a$.$ Construct the current balance sheet for the firm using the projected sales figure. $($Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to the nearest whole number, e$.$g$.,1,234,567.)$

$\backslash$table$[[$Balance Sheet$],[$Assets$,$Liabilities and equity$],[$Current assets,$$,75,000,000,$Short$-$term debt,$$,45,000,000],[$Fixed assets,,$240,000,000,$Long$-$term debt,,$135,000,000],[,,,,,],[,,,$Common stock,$$,63,000,000],[,,,$Accumulated retained earnings,,$],[,,,,,],[,,,$Total equity,,$],[$Total assets,$$,315,000,000,$Total liabilities and equity,,$]]$

b$.$ Based on Ms$.$ Colby's sales growth forecast, how much does Charming Florist need in external funds for the upcoming fiscal year? $($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e$.$g$.,1,234,567.)$

External financing needed