"The most recent financial statements for Moose Tours, Inc., follow. Sales for 2009 are projected to grow by 20 percent.

"The most recent financial statements for Moose Tours, Inc., follow. Sales for 2009 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. If the firm is operating at full capacity and no new debt or equity is issued, external financing in the amount of $ is needed to support the 20 percent growth rate in sales.Moose Tours Income Statement:Sales: 929000Costs: 723000Other Expenses 19000Earnings before interests and taxes:187000Interest paid 14000taxable income 173000taxes 60550net income 112450dividends 33735Addition to retained earnings:78715Moose tours balance sheet:Assets: Current assetsCash:25300Acc receivable 40700Inventory 86900total:152900Fixed assets:Net plant and equipment 413000Total assets 565900Liabilities and owners equityAccount payable 68000notes payable 17000total:85000long term debt 158000Owners equity:Common stock and paid in surplus 140000Retained earnings 182900Total:322900