The most recent financial statements for Crosby, Inc., follow. Sales for 2018 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. CROSBY, INC.2017 Income StatementSales $ 980,760Costs 792,960Other expenses 20,060Earnings before interest and taxes $ 167,740Interest paid 14,740Taxable income $ 153,000Taxes (21%) 32,130Net income $ 120,870Dividends $ 39,250Addition to retained earnings 81,620CROSBY, INC. Balance Sheet as of December 31, 2017Assets Liabilities and Owners’ EquityCurrent assets Current liabilitiesCash $ 27,920 Accounts payable $ 71,720Accounts receivable 42,630 Notes payable 17,620Inventory 95,910 Total $ 89,340Total $ 166,460 Long-term debt $ 170,000Fixed assets Owners’ equityNet plant and equipment $ 455,980 Common stock and paid-in surplus $ 140,000Retained earnings 223,100Total $ 363,100Total assets $ 622,440 Total liabilities and owners’ equity $ 622,440If 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?