The most recent financial statements for Loosey Tours, Inc., appear below. 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. Loosey TOURS, INC. 2011 Income Statement Sales $ 754,000 Costs 589,000 Other expenses 10,000 Earnings before interest and taxes $ 155,000 Interest expense 11,000 Taxable income $ 144,000 Taxes 30% 43,200 Net income $ 100,800 Dividends $ 20,160 Addition to retained earnings 80,640 Loosey TOURS, INC. Balance Sheet as of December 31, 2011 Assets Liabilities and Owners Equity Current assets Current liabilities Cash $ 21,340 Accounts payable $ 55,500 Accounts receivable 33,660 Notes payable 14,700 Inventory 70,620 Total $ 70,200 Total $ 125,620 Long-term debt $ 137,000 Fixed assets Owners equity Net plant and equipment $ 430,000 Common stock and paid-in surplus $ 123,000 Retained earnings 225,420 Total $ 348,420 Total assets $ 555,620 Total liabilities and owners equity $ 555,620 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?