Danilo Itd has established a linear relationship between its sales revenue and the balance sheet items as follows:

Balance Sheet as at $31$ December, $2023.$

$Ksh000\%of$ sales

Property, Plant & Equipment $382,500,30\%$

Current assets

$318,750$

Current liabilities

$280,500$

Long$-$term debt

$200,000$

Share Capital

$212,000$

Retained earnings

$8,750$

Profit after tax represents $6\%$ of sales every year. Corporation tax rate is $30\%.$ The company forecasts that sales will grow at a rate of $12\%$ p$.$a for four years. Property, plant and equipment; current assets and current liabilities are to maintain their relationship with sales as per the $2023$ figures.

The long term debt will be settled in the year $2026.$

Required:

Calculate the external financing or surplus at the end of the year $2027.$

A$.$ Surplus funds $Ksh31,815\mathrm{.}45$

B$.$ External financing $Ksh31,815\mathrm{.}45$

C$.$ Surplus funds Ksh $44,945\mathrm{.}55$

D$.$ External financing $Ksh44,945\mathrm{.}55$