The Manning Company has financial statements as shown next, which are representative of the companys historical average. The firm is expecting a 30 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 fixed assets, but rather through more efficient asset utilization in the existing store. Among liabilities, only current liabilities vary directly with sales. Income Statement Sales $ 280,000 Expenses 222,800 Earnings before interest and taxes $ 57,200 Interest 7,800 Earnings before taxes $ 49,400 Taxes 15,800 Earnings after taxes $ 33,600 Dividends $ 6,720 Balance Sheet (in $ millions) Assets Liabilities and Stockholders' Equity Cash $ 5,000 Accounts payable $ 22,100 Accounts receivable 86,000 Accrued wages 1,600 Inventory 77,000 Accrued taxes 4,300 Current assets $ 168,000 Current liabilities $ 28,000 Fixed assets 88,000 Notes payable 7,800 Long-term debt 19,000 Common stock 128,000 Retained earnings 73,200 Total assets $ 256,000 Total liabilities and stockholders' equity $ 256,000 Using the percent-of-sales method, determine whether the company has external financing needs, or a surplus of funds. (Hint: A profit margin and payout ratio must be found from the income statement.) Note: Do not round intermediate calculations. Input your answer as positive a value