Tim's Mocha expects sales to grow by 10% next year. Its earnings payout ratio is 70%. Its tax rate is 25%. Using the following statements and the percent of sales method, forecast the additional funds needed. Answer: First fill in the blanks. Round to the nearest dollar.

Income Statement	This Year	Forecast
Sales	$600,000
- Costs Except Depreciation	390,000
EBITDA	210,000
- Depreciation	90,000
EBIT	120,000
- Interest Expense (net)	7,920
Pretax Income	112,080
- Income Tax (25%)	28,020
Net Income	$84,060

Balance Sheet	This Year	Forecast
Assets
Cash and Equivalents	$18,000	$
Accounts Receivable	54,000
Inventories	12,000
Total Current Assets	84,000
Property, Plant and Equipment	96,000
Total Assets	$180,000
Liabilities and Equity
Accounts Payable	$36,000	$
Debt	66,000
Total Liabilities	102,000
Stockholders' Equity	78,000
Total Liabilities and Equity	$180,000

Answer: The total new financing will be $ . (Round to the nearest dollar. For excess in funding, enter a negative number.)