Question: begin { tabular } { | c | c | c | } hline multicolumn { 3 } { | l |

\begin{tabular}{|c|c|c|}
\hline \multicolumn{3}{|l|}{CROSBY, INCORPORATED 2021 Income Statement}\\
\hline Sales & & \$ 686,530\\
\hline Costs & & 554,420\\
\hline Other expenses & & 14,020\\
\hline Earnings before interest and taxes & & \$ 118,090\\
\hline Interest expense & & 12,090\\
\hline Taxable income & & \$ 106,000\\
\hline Taxes (21\%) & & 22,260\\
\hline Net income & & \$ 83,740\\
\hline Dividends & \$ 27,475 & \\
\hline Addition to retained earnings & 56,265 & \\
\hline
\end{tabular}
\begin{tabular}{|c|c|c|c|}
\hline & \multicolumn{2}{|l|}{\begin{tabular}{l}
CROSBY, INCORPORATED \\
Balance Sheet as of December 31,2021 Assets \\
Liabilities and Owners' Equity
\end{tabular}} & \\
\hline Current assets & & Current liabilities & \\
\hline Cash & \$ 20,940 & Accounts payable & \$ 53,790\\
\hline Accounts receivable & 31,970 & Notes payable & 13,215\\
\hline Inventory & 71,320 & Total & \$ 67,005\\
\hline Total & \$ 124,230 & Long-term debt & \$ 127,500\\
\hline Fixed assets & & Owners' equity & \\
\hline Net plant and equipment & \$ 341,980 & Common stock and paid-in surplus Retained earnings & \[
\begin{array}{r}
\text {\$ 105,000}\\
166,705
\end{array}
\]\\
\hline & & Total & \$ 271,705\\
\hline Total assets & \$ 466,210 & Total liabilities and owners' equity & \$ 466,210\\
\hline
\end{tabular}
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 and round your answer to the nearest whole number, e.g,
32.)

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