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 5 millions) Cash Assets Accounts receivable Liabilities and Stockholders' Equity $ 14 Accounts payable 30 Accrued wages Inventory 31 Accrued taxes Current assets $75 Current liabilities Fixed assets 48 Notes payable Common stock $25 12 16 $ 53 20 23 27 $123 Total assets Retained earnings $123 Total liabilities and stockholders' equity Owen's Electronics has an eftertax profit margin of 7 percent and a dividend payout ratio of 40 percent. If sales grow by 30 percent next year, determine how many dollers 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).) Nevic funds