The Longbranch Western Wear Company has the following financial statements, which are representative of the companys historical average. Income Statement Sales $ 250,000 Expenses 203,200 Earnings before interest and taxes $ 46,800 Interest 2,300 Earnings before taxes $ 44,500 Taxes 12,000 Earnings after taxes $ 32,500 Dividends $ 9,750 Balance Sheet Assets Liabilities and Shareholders' Equity Cash $5,000 Accounts payable $6,300 Accounts receivable 13,000 Accrued wages 1,500 Inventory 18,000 Accrued taxes 4,200 Current assets $36,000 Current liabilities $12,000 Capital assets 73,000 Notes payable 7,300 Long-term debt 16,500 Common stock 23,000 Retained earnings 50,200 Total assets $109,000 Total liabilities and equity $109,000 Longbranch is expecting a 20 percent increase in sales next year, and management is concerned about the companys need for external funds. The increase in sales is expected to be carried out without any expansion of capital assets; instead, it will be done through more efficient asset utilization in the existing stores. Of liabilities, only current liabilities vary directly with sales. a. Using a percent-of-sales method, determine whether Longbranch Western Wear has external financing needs. (Input the amount as a positive value.) The firm $ in surplus funds