QUESTION 19 10 points Saved Given the financial statements below for Dragonfly Enterprises, what is the external financing need for a pro forma increase in sales of 17% if the company is operating at full capacity? Enter your answer as the nearest whole (e.g., 123), but do not include the $ sign. Dragonfly Enterprises Income Statement ($ Million) 2011 Sales 370 Cost of Goods Sold 226 62 20 Selling, Gen & Admin Exp Depreciation Earnings Before Int & Tax Interest Expense Taxable Income 62 12 50 Taxable Income 50 Taxes at 40% 20 Net Income 30 Dividends 9 Addition to Retained Earn. 21 Balance Sheets as of 12-31 Assets 2010 2011 Cash 10 10 Account Receivable 46 50 Inventory 43 45 Total Current Assets 99 105 Net Fixed Assets 166 195 Total Assets 265 300 2010 2011 26 30 Liabilities and Owners Equity Accounts Payable Notes Payable Total Current Liabilities Long-Term Debt 0 0 26 30 150 140 Common Stock 22 22 Retained Earnings 77 98 Total Liab. and Owners Eq 265 300