Manning Company has the following financial statements, which are typical for this company. The firm is expecting a 20% increase in sales next year, and the company is concerned over the possibility of needed to acquire external financing. The sales increase is expected to be accomplished WITHOUT any increase in fixed assets. Among liabilities, only the CURRENT LIABILITIES are expected to vary directly with sales. Using the PERCENT OF SALES method, determine if the company will have a need for outside financing….and if so, how much?