Owen's Electronics has nine operating plants in seven southwestern states. Sales for last year were $100 million, and the balance sheet at year-end is similar in percentage of sales to that of previous years (and this will continue in the future). All assets (including fixed assets) and current liabilities will vary directly with sales. The firm is working at full capacity. Balance Sheet (in $ millions) Assets Liabilities and Stockholders' Equity Cash $ 9 Accounts payable $ 18 Accounts receivable 26 Accrued wages Inventory 24 Accrued taxes Current assets 59 Current liabilities Fixed assets 45 Notes payable Common stock Retained earnings Total liabilities and stockholders Total assets $184 $184 equity Owen's Electronics has an aftertax profit margin of 6 percent and a dividend payout ratio of 40 percent. if sales grow by 25 percent next year, determine how many dollars of new funds are needed to finance the growth (Do not round intermediate calculations. Enter your answer in dollars, not millions, (e.g. 51,234,567)) New funds Balance Sheet (in $ millions) Assets Liabilities and Stockholders' Equity Cash $ 9 Accounts payable $ 18 Accounts receivable 26 Accrued wages Inventory 24 Accrued taxes 13 Current assets $ 59 Current liabilities $ 38 Fixed assets 45 Notes payable Common stock Retained earnings Total liabilities and stockholders' $184 Total assets equity 12 22 $104 Owen's Electronics has an aftertax profit margin of 6 percent and a dividend payout ratio of 40 percent If sales grow by 25 percent next year, determine how many dollars of new funds are needed to finance the growth (Do not round intermediate calculations. Enter your answer in dollars, not millions, (e.g., S1,234,567).) New funds