The most recent financial statements for Fleury Inc., follow. Sales for 2015 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, foxed assets and accounts payable increase spontaneously with sales. FLEURY, INC 2014 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 $22,240 88,960 Addition to retained earnings FLEURY, INC. Balance Sheet as of December 31, 2014 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash Accounts receivable S 20,340 Accounts payable 54,500 13,700 S 68,200 S 127,000 $113,000 32,660 Notes payable Inventory 69,620 Total 122,620 Long-term debt Owners' equity Total 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