Calculate the EFN, external financing needed.

Step 1 Step 2 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Net Plant & Equipment Total Assets Growth Assumptions FY23 Finances $627 , 337 $927 , 337 $677 , 337 $903,116 $600, ooo $600, ooo 010, 382 Income Statement FY23 $2, 207, 790 $8,515, 579 $10, 723,369 Balance Sheet Materials Step 3 FY24 $708, 891 $765,391 $1 , 020, 521 $2, 494, 803 $11,515, 579 $14, Current Liabilities Accounts Payable Notes Payable Total Current Liabilities Long-Term Debt EFN Shareholder Equity Common Stock Retained Earnings Total Equity Total Liabilities & Equity FY23 $1 , 354, 674 $2, 282, 011 $3, eoe, oeo $4, 841 , 358 $5, 441 , 358 $10, 723,369 FY24 $1 , 047, 891 $1 , 530, 782 $2, 578, 673 $3, ooe, ooo $5, 462, 299 $6, 299 $11 , 640, 972