The most recent financial statements for Fleury Inc., follow. Sales for next year 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.
Income Statement
Sales	$	580902
Costs		506160
Other expenses		19275
Earnings before interest and taxes	$	?
Interest paid		12931
Taxable income	$	?
Taxes (30%)		?
Net income		?
Dividends	$	8794

FLEURY, INC.
Balance Sheet
Assets				Liabilities and Owners Equity
Current assets				Current liabilities
Cash	$	23983		Accounts payable	$	50957
Accounts receivable		36823		Notes payable		18988
Inventory		73745
				Long-term debt	$	106675
Fixed assets
Net plant and equipment	$	408751		Owners equity
				Common stock and paid-in surplus	$	149961
				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 25 percent growth rate in sales?

(Omit the "$" sign and commas in your response. Enter your answer rounded to 2 decimal places. For example, $1,200.456 should be entered as 1200.46.)