The most recent financial statements for Scott, Inc., appear below. Sales for 2020 are projected to grow by 25 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				$	748,000
Costs					583,000
Other expenses					19,000
Earnings before interest and taxes				$	146,000
Interest expense					15,000
Taxable income				$	131,000
Taxes (25%)					32,750
Net income				$	98,250
Dividends	$	29,475
Addition to retained earnings		68,775

SCOTT, INC. Balance Sheet as of December 31, 2019
Assets				Liabilities and Owners Equity
Current assets				Current liabilities
Cash	$	20,740		Accounts payable	$	54,900
Accounts receivable		43,680		Notes payable		14,100
Inventory		92,960		Total	$	69,000
Total	$	157,380		Long-term debt	$	131,000
Fixed assets				Owners equity
Net plant and equipment	$	424,000		Common stock and paid-in surplus	$	115,000
				Retained earnings		266,380
				Total	$	381,380
Total assets	$	581,380		Total liabilities and owners equity	$	581,380

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?