KBC, Inc. has the financial profile illustrated below.

Income statement:

Sales: 222,300

Costs: 133,000

Taxable income: 89,300

Taxes (34%): 30,362

Net income: 58,938

Tax rate: 34%

Dividend paid: 15,500

Balance Sheet:

Assets: 510,600

Debt: 100,500

Equitity: 410,100

Total: 510,600

Next year, Margins (%) will hold steady, and Assets grow proportionally with Sales. Debt will remain unchanged. ABC intends to maintain the same constant dividend payout ratio (dividend as a percent of Net Income) as this year. Next years sales are projected to increase by 11%. How much additional external capital will be required to support the growth in assets, given that KBC, Inc. retains some of its earnings and pays the balance in dividends?

A. $7,950

B. $17,293

C. $34,808

D. $56,166

E. $66,378