The 2019 financial statements for Growth Industries are presented below. INCOME STATEMENT, 20 Sales $ 390,000 Costs 245.000 EBIT $ 145,000 Interest expense 29.000 Taxable income $ 116.000 Taxes (at 218) 24,360 Net Income 191.640 Dividends Addition to retained earnings Assets Current assets Cash Accounts receivable Inventories Total current assets Net plant and equipment $ 8,000 13,000 29,000 $ 50,000 330,000 Liabilities urrent 11 abiti Accounts payable Total current liabilities Long-term debt stockholders equity Common stock plus additional paid-in capital $ 15,000 $ 15,000 290,000 15,000 60,000 $ 380,000 Total assets $ 380,000 plus stockholders' equity 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 0.40. What is the required external financing over the next year? (Enter excess cash as a negative number with a minus sign.) External financing