The balance sheet for APPRENTICE CORP is as follows: APPRENTICE CORP Balance Sheet as at 30 June 2006 (RM'000) Cash 38,000 Accounts Payable 53,000 Marketable Securities 31,000 Notes payable 30,000 50,000 Taxes Payable 15,000 Accounts receivable Inventories 77,500 15,500 Long term debt Preferred stock Net plant and equipment 115,500 70,000 Common Shares 100,000 Retained earnings 28,500 Total Assets 312,000 Total Liabilities and Equities 312,000 Currently, the company's sales are at RM500 million a year and the company has not reached its maximum capacity limit. During 2006, the company earned RM20 million as net profit and paid-out RM10 million in dividend also recorded the net profit margin of 5 percent. How much additional financing will be needed if sales expand to RM720 million during 2007? (Construct a pro forma balance sheet)