$\backslash$table$[[$INCOME STATEMENT, $2019],[$Sales$,,$$ $400,000],[$Costs$,,250,000],[$EBIT$,,$$ $150,000],[$Interest expense,,$30,000],[$Taxable income,,$ $120,000],[$Taxes $($at $21\%),,25,200],[$Net income,,$ $94,800],[$Dividends$,$$ $47,400,],[$Addition to retained earnings,$ $47,400,]]$

$\backslash$table$[[$BALANCE SHEET, YEAR$-$END, $2019],[$Assets$,,$Liabilities,$],[$Current assets,Current liabilities$],[$Cash$,$$ $9,000,$Accounts payable,$ $16,000],[$Accounts receivable,$14,000,$Total current liabilities,$ $16,000],[$Inventories$,27,000,$Long$-$term debt,$300,000],[$Total current assets,$ $50,000,$Stockholders' equity,$],[$Net plant and equipment,$340,000,$Common stock plus additional paid$-$in capital,$15,000],[,,$Retained earnings,$59,000],[$Total assets,$ $390,000,$Total liabilities plus stockholders' equity,$ $390,000]]$

Sales and costs are projected to grow at $30\%$ a year for at least the next $4$ years. Both current assets and accounts payable are projected to rise in proportion to sales. The firm is currently operating at $75\%$ capacity, so it plans to increase fixed assets in proportion to sales. Interest expense will equal $10\%$ of long$-$term debt outstanding at the start of the year. The firm will maintain a dividend payout ratio of $0\mathrm{.}50.$

What is the required external financing over the next year?

Note: Enter excess cash as a negative number with a minus sign.