Hello, kindly help me solve this problem about the Additional funds needed.

(12-7) Garlington Technologies' financial statements for 2005 are attached here.

Garlington Technologies Inc.: Balance Sheet as of December 31, 2005
Assets
Cash	$ 180,000
Receivables	$ 360,000
Inventory	$ 720,000
Total current assets	$ 1,260,000
Total Fixed assets	$ 1,440,000
Total assets	$ 2,700,000
Liabilities & Owners Equity
Accounts payable		$ 360,000
Documents to pay		$ 156,000
Accumulations		$ 180,000
Total current liabilities		$ 696,000
Common actions		$ 1,800,000
Retained earnings		$ 204,000
Total assets		$ 2,700,000

Garlington Technologies Inc.: Profit and Loss as of December 31, 2005
Revenue		$ 3,600,000
Operating cost		$ 3,279,720
Income before interest and taxes		$ 320,280
Interest		$ 18,280
Income before taxes		$ 302,000
Taxes (40%)		$ 120,800
Net income		$ 181,200
Dividends		$ 108,000

Assume that 2006 sales increased 10% over 2005 and that dividends will reach $ 112,000. Prepare the proforma financial statements using the percentage of sales method. Assume that the company was operating at full capacity in 2005. Use an interest rate of 13% on the liability balance at the beginning of the year. Assume that the additional funds needed will be in the form of documents payable.

Reference book:

Corporate Finance: A Focused Approach by Ehrhardt and Brigham Second Edition

Thanks!