The Hudson River Line Company has a balance sheet as of the end of the year as follows: Cash $ 5,000 AR 20,000 Inventories 40,000 TCA $65, FA 50,000TA $115,000 AP $15,0000NP 10,000Long term Debt 30,000 SE 60,000TL&E $115,000 Last year the firm had sales of $148,750. This year the company expects sales to increase 25% to generate earnings after tax of $16,000 and pay a dividend of $5,000. What isthe additional financing needed to support the sales increase?