Use the following information to answer the next 3 questions.

Balance Sheet
12/31/2013
current assets
cash	10400
accounts receivable	12800
inventory	14600
total current assets	37800
plant& equipment	180000
less: accumulated depreciation	25000
net plant&equipment	155000
total assets	192800
liabilities
accounts payable	4200
wages payable	3100
notes payable	5400
taxes payable	1800
total current liabilities	14500
long term debt	51800
total liabilities	66300
equity
common stock	61400
retained earnings	65100
total equity	126500
total liabilities&equity	192800

2013 Sales: 185000 Expected 2014 Sales: 210000 Dividend payout ratio: 40%, Net Profit Margin: 7.7% Expected Additional Fixed Asset Investment: 61000 Minimum Current Ratio: 2.2, Maximum Debt/Asset Ratio=0.45 Using the 2013 Balance Sheet and the information given above, what is the firms expected external financial requirement for 2014?

Group of answer choices

$16,530

$26,390

$20,021

$55,176