Data table Harrison Electronics, Inc. Pro Forma Balance Sheet for 2014 Alternative Growth Rates Calculation 10% 20% 40% Current assets $13,200,000 514,370,000 $16,900.000 Net fixed assets $19,790.000 $21,590,000 525,120,000 Total $32,990.000 535,960,000 542,020,000 Accounts payable 2,200,000 $2.310.000 2,790,000 Accrued expenses 2.240 000 2,340,000 2,760,000 Motes payable Mo change 1,400,000 1,400,000 1,400,000 Current liabilities 35,640,000 56,050,000 56,950,000 Long-term debt Mo change 6,510,000 6,510,000 6,510,000 Total liabilities $12,350.000 $12,560,000 $13,460.000 Commeon stock (par) Mo change $1.000.000 $1.000,000 $1.000.000 Paid-in capital No change 2,000,000 2,000,000 2,000,000 Retained earnings 15,470,000 15,640,000 15,750,000 Common equity $18.470.000 $18.640,000 $18,750,000 Projected sources of financing $30.820.000 $31,200.000 $32.210.,000 Discretionary financing needs Total financing needs = Total assets (Click on the icon h in order to copy its contents info a spreadsheet.) (Related to Checkpoint 17.1) (Discretionary financing needs) Harrison Electronics, Inc. operates a chain of electrical lighting and fixture distribution centers throughout northern Arizona. The firm is anticipating expansion of its sales in the coming year as a result of recent population growth trends. The firm's financial analyst has prepared pro forma balance sheets that reflect three different rates of growth in firm sales for the coming year and the comesponding non-discretionary sources of financing the firm expects to have available, as follows: [ - a. What are the firm's discretionary financing needs under each of the three growth scenarios? b. What potential sources of financing are there for Harrison to fulfill its needs for discretionary financing? a. The discretionary financing needs for a 10% growth scenario are $:|. (Round to the nearest dollar.)