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. Cash Assets Accounts receivable Inventory Current assets Fixed assets Balance Sheet (in $ millions) Liabilities and Stockholders' Equity $ 7 Accounts payable $ 20 24 Accrued wages 6 27 Accrued taxes 14 $ 58 Current liabilities $ 40 44 Notes payable 15 Common stock 19 28 $ 102 Total assets Retained earnings $ 102 Total liabilities and stockholders' equity Owen's Electronics has an aftertax profit margin of 10 percent and a dividend payout ratio of 50 percent. If sales grow by 30 percent next year, determine how many dollars of new funds are needed to finance the growth. Note: Do not round intermediate calculations. Enter your answer in dollars, not millions, (e.g., $1,234,567). New funds