The most recent financial statements for Fleury Inc., follow. Sales for 2012 are projected to grow by 25 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 2011 Income Statement Sales Costs Other expenses $744,000 579,000 15,000 Earnings before interest and taxes Interest paid $150,000 11,000 Taxable income Taxes (20%) $139,000 27,800 Net income 111,200 Dividends Addition to retained earnings 88,960 FLEURY, INC Balance Sheet as of December 31, 2011 Assets Liabilities and Owners' Equity Current assets Current liabilities $ 54,500 Cash Accounts receivable $ 20,340 Accounts payable 13,700 $ 68,200 $127,000 $113,000 32,660 Notes payable Inventory 69,620 Total Total Long-term debt Owners' equity $122,620 Fixed assets Common stock and paid-in surplus Retained earnings Net plant and equipment $420,000 234,420 $347,420 $542,620 Total Total assets $542,620 Total liabilities and owners' equity If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the 25 percent growth rate in sales? (Do not round intermediate calculations.) EFN