The most recent financial statements for Fleury Inc., follow. Sales for next year are projected to grow by 19 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. FLEURY, INC. Income Statement

Sales $ 552738

Costs 500801

Other expenses 10363

Earnings before interest and taxes $ ? I

nterest paid 10852 Taxable income $ ?

Taxes (30%) ? Net income ?

Dividends $ 6869 FLEURY,

INC Balance Sheet Assets Liabilities and Owners Equity Current assets Current liabilities Cash $ 21829

Accounts payable $ 57564

Accounts receivable 31641

Notes payable 15616

Inventory 74265

Long-term debt $ 109420

Fixed assets Net plant and equipment $ 412140

Owners equity Common stock and paid-in surplus $ 149257

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 19 percent growth rate in sales (round 2 decimal places)