The $2019$ financial statements for Growth Industries are presented below.

INCOME STATEMENT, $2019$

Sales $ $330,000$

Costs $215,000$

EBIT $ $115,000$

Interest expense $23,000$

Taxable income $ $92,000$

Taxes $($at $21\%)19,320$

Net income $ $72,680$

Dividends $ $43,608$

Addition to retained earnings $ $29,072$

BALANCE SHEET, YEAR$-$END, $2019$

Assets Liabilities

Current assets Current liabilities

Cash $ $9,000$ Accounts payable $ $16,000$

Accounts receivable $14,000$ Total current liabilities $ $16,000$

Inventories $37,000$ Long$-$term debt $230,000$

Total current assets $ $60,000$ Stockholders$$ equity

Net plant and equipment $270,000$ Common stock plus additional paid$-$in capital $15,000$

Retained earnings $69,000$

Total assets $ $330,000$ Total liabilities plus stockholders' equity $ $330,000$

Sales and costs are projected to grow at $30\%$ a year for at least the next $4$ years. Both current assets and accounts payable are projected to rise in proportion to sales. The firm is currently operating at $75\%$ capacity, so it plans to increase fixed assets in proportion to sales. Interest expense will equal $10\%$ of long$-$term debt outstanding at the start of the year. The firm will maintain a dividend payout ratio of $0\mathrm{.}60.$

What is the required external financing over the next year?

Note: Enter excess cash as a negative number with a minus sign.