What is the External Financing Needed ?

The most recent financial statements for Fleury Inc., follow. Sales for 2015 are projected to grow by 20 percent. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, fixed assets and accounts payable increase spontaneously with sales. FLEURY, INC. 2014 Income Statement Sales Costs Other expenses $ 747,000 582,000 18,000 Earnings before interest and taxes Interest paid $ 147,000 15,000 Taxable income Taxes (30%) $ 132,000 39,600 Net income $ 92,400 Dividends Addition to retained earnings $ 18,480 73,920 Assets Current assets Cash Accounts receivable FLEURY, INC. Balance Sheet as of December 31, 2014 Liabilities and Owners' Equity Current liabilities $ 20,640 Accounts payable $ 54,800 32,960 Notes payable 14,000 Inventory 69,920 Total $ 68,800 $ 130,000 Total Fixed assets Net plant and equipment $ 123,520 $410,000 Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $ 116,000 218,720 Total $334,720 Total assets $ 533,520 Total liabilities and owners' equity $533,520 If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the 20 percent growth rate in sales? (Do not round intermediate calculations.)