The most recent financial statements for Crosby, Incorporated, follow. Sales for 2021 are projected to grow by 30 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. CROSBY, INCORPORATED 2020 Income Statement Sales $ 761,000 596,000 32,000 Costs Other expenses Earnings before interest and taxes Interest paid $ 133,000 28,000 Taxable income $ 105,000 24,150 Taxes (23%) Net income $ 80.850 Dividends $ 25,064 Addition to retained earnings 55,786 CROSBY, INCORPORATED Balance Sheet as of December 31, 2020 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 22,040 Accounts payable $ 56,200 Accounts receivable 44,980 Notes payable 15,400 Inventory 105,960 Total $ 71,600 Total $ 172,980 Long-term debt $ 144,000 Fixed Net plant and equipment $ 437,000 Owners' equity Common stock and paid-in surplus Retained earnings $ 121,500 272,880 Total $ 394,380 Total assets $ Total liabilities and owners' 609,980 equity $ 609,980 If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the 30 percent growth rate in sales? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Answer is complete but not $ 59,987 rect. EFN