Owen's Electronics has nine operating plants in seven southwestern states Sales for lost 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 $ 6 Accounts payable $ 17 Accounts receivable 23 Accrued wages 5 Inventory 26 Accrued taxes 11 Current assets 5 55 Current liabilities $ 33 Fixed assets 41 Notes payable 13 Common stock 18 Retained earnings 32 Total assets $ 96 Total liabilities and stockholders' equity $ 96 Owen's Electronics has an oftertax profit margin of 8 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., $1,234,567).) New funds