The most recent financial statements for Scott, Inc., appear below. Sales for 2020 are projected to grow by 30 percent. Interest expense will remain constant; the tax rate and the dividend payout rate also will remain constant Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales SCOTT, INC. 2019 Income Statement Sales Costs Other expenses $752,000 587,000 23,000 Earnings before interest and taxes Interest expense $ 142,000 19,000 Taxable income Taxes (24%) $ 123,000 29,520 Net income $ 93,480 Dividends Addition to retained earnings $28,044 65,436 SCOTT, INC Balance Sheet as of December 31, 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 21,140 Accounts payable $ 55,300 Accounts receivable 44,080 Notes payable 14,500 Inventory 96,960 Total $ 69,800 Total $ 162,180 Long-term debt $ 135,000 Fixed assets Net plant and equipment $428,000 Owners' equity Common stock and paid-in surplus Retained earnings $ 117,000 268.380 Total $385,380 Total assets $ 590,180 Total liabilities and owners equity $ 590,180 If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the 30 percent growth rate in sales? (Do not round intermediate calculations.) EFN