Owens 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	$	11	Accounts payable	$	23
Accounts receivable		28	Accrued wages		10
Inventory		29	Accrued taxes		13
Current assets	$	68	Current liabilities	$	46
Fixed assets		46	Notes payable		18
			Common stock		20
			Retained earnings		30
Total assets	$	114	Total liabilities and stockholders' equity	$	114

Owens 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. (Do not round intermediate calculations. Enter your answer in dollars, not millions, (e.g., $1,234,567).)

New funds

????