Data Table A

Current Assets = $150

Net Fixed Assets = $200

Accounts Payable = $50

Long Term Debt = $150

Equity= $150

Sales = $800

Costs=$600

Taxes = $68

Refer to Data Table A (above). Assume that costs, current assets, and accounts payable increase at the same rate as sales, but debt and equity do not. Also assume that 80% of net income is paid out in dividends, and the firm's fixed assets are being used at 80% capacity. The tax rate is constant. If sales grow by 30%, calculate external funds needed (EFN). (Your answer should be rounded/expressed to the closest penny (e.p. $123.45)1

EFN=$