Below are the simplified current and projected financial statements for Decker Enterprises. All of Decker's assets are operating assets. All of Decker's current liabilities are operating liabilities.
Income statement	Current	Projected
Sales	na	1,500
Costs	na	1,050
Profit before tax	na	450
Taxes	na	135
Net income	na	315
Dividends	na	95
Balance sheets	Current	Projected			Current	Projected
Current assets	100	115		Current liabilities	70	81
Net fixed assets	1,200	1,440		Long-term debt	300	360
				Common stock	500	500
				Retained earnings	430	650

Based on the projections, Decker will have

	a.	a financing deficit of $255
	b.	a financing deficit of $36
	c.	zero financing surplus or deficit
	d.	a financing surplus of $255
	e.	a financing surplus of $36