Hello, I am having trouble with an equation I was given to figure out. To me it looks like the answer is 0 (zero); however, I don't think the university would have a problem with an answer of 0. Can you please help me with this one? This is how I got zero as an answer: Total Assets - Total liabilities and equity = External Financing Needed. ...which in my case I believe comes out to zero.

The most recent financial statements for Williamson, Inc., are shown here (assuming no income taxes):

Income Statement		Balance Sheet
Sales	$	8,500		Assets	$	19,500		Debt	$	6,200
Costs		6,000						Equity		13,300
Net income	$	2,500		Total	$	19,500		Total	$	19,500

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next years sales are projected to be $10,115.

What is the external financing needed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

External financing needed

$

The most recent financial statements for Williamson, Inc., are shown here (assuming no income taxes):

Income Statement		Balance Sheet
Sales	$	8,500		Assets	$	19,500		Debt	$	6,200
Costs		6,000						Equity		13,300
Net income	$	2,500		Total	$	19,500		Total	$	19,500

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next years sales are projected to be $10,115.

What is the external financing needed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

External financing needed

$