The most recent financial statements for ABC Inc., follow. Sales for next year are projected to grow by 20 percent. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, fixed assets and accounts payable increase spontaneously with sales.

ABC, INC.
Income Statement
Sales	$	582,391
Costs		508,983
Other expenses		19,721
Earnings before interest and taxes	$	?
Interest paid		12,109
Taxable income	$	?
Taxes (30%)		?
Net income		?
Dividends	$	7,490

ABC, INC.
Balance Sheet
Assets				Liabilities and Owners Equity
Current assets				Current liabilities
Cash	$	20,893		Accounts payable	$	59,751
Accounts receivable		35,416		Notes payable		17,531
Inventory		73,142
				Long-term debt	$	117,736
Fixed assets
Net plant and equipment	$	409,578		Owners equity
				Common stock and paid-in surplus	$	130,657
				Retained earnings		?

If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the 20 percent growth rate in sales?