Use the financial statements for Koski, Inc. to answer the question below.

Financial Statements for Koski, Inc.

Balance Sheet (Millions of $)
Assets	2014	2013
Cash and securities	2,500
Accounts receivable	11,500
Inventories	16,000
Total current assets	30,000
Net plant and equipment	30,000
Total assets	60,000	50,000
Liabilities and Equity
Accounts payable	9,500
Notes payable	7,000
Accruals	5,500
Total current liabilities	22,000
Long-term bonds	25,000
Total liabilities	47,000
Common stock	2,000
Retained earnings	11,000
Total common equity	13,000	10,000
Total liabilities and equity	60,000	50,000
Income Statement (Millions of $)	2014	2013
Net sales	97,500	90,000
Operating costs except depreciation	91,813
Depreciation	1,531
Earnings before interest and taxes (EBIT)	$4,156
Less interest	1,375
Earnings before taxes (EBT)	$2,781
Taxes	973
Net income	1,808	1,500

Assume that Koskis net sales will grow by 20 percent in 2015. Expected Net Income is 2.5 percent of sales. Dividends will be $625 million. The Asset-to-Sales ratio will remain at the 2014 level. All liabilities and equity accounts will remain constant except for retained earnings (which will change due to net income and dividends) and accounts payable will grow with sales at the same ratio as for 2014. What is the projected External Funds Needed (EFN) for 2015?