Hint Given by the question: use long-term debt - previous debt.

Global Corp. expects sales to grow by 6% next year. Assume that Global pays out 50% of its net income. Global developed the pro forma financial statements given below. What is the amount of net new financing needed for Global? Global's current statements are in the following data table Click the icon to view Global's pro forma financial statements. The amount of net new financing needed for Global is $ million. (Round to two decimal places.) Data Table Statement ($ million) Net Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Income (expense) 186.9 - 175.4 11.5 -1.3 million) Assets Cash Accounts Receivable Inventories 23.8 18.8 15.5 10.2 - 7.7 58.1 112.2 Total Current Assets Net Property, Plant, and Equipment Total Assets 170.3 Pre-tax Income Taxes Net Income 2.5 -0.7 1.8 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Total Stockholders' Equity Total Liabilities and Equity 34.3 113.4 147.7 22.6 170.3