Given the financial statements below for Firefly Enterprises, what is the external financing need for a pro forma increase in sales of 17%? Enter your answer as the nearest whole (e.g., 123), but do not include the $ sign.

Firefly Enterprises

Income Statement ($ Million) 2011

Sales 740

Cost of Goods Sold 452

Selling, General, & Admin Exp. 124

Depreciation 40

Earnings Before Interest & Taxes 124

Interest Expense 24

Taxable Income 100

Taxes at 40% 40

Net Income 60

Dividends 18

Addition to Retained Earnings 42

Balance Sheets as of 12-31

Assets 2010 2011

Cash 20 20

Account Receivable 102 110

Inventory 76 80 Total Current Assets 198 210

Net Fixed Assets 352 410

Total Assets 550 620

Liabilities and Owners Equity 2010 2011

Accounts Payable 62 70

Notes Payable 0 0

Total Current Liabilities 62 70

Long-Term Debt 280 300

Common Stock 34 34

Retained Earnings 174 216

Total Liab. and Owners Equity 550 620