Multiple Choice:

A) $5,524

B) $4,994

C) $5,114

D) $5,369

E) $5,244

The most recent financial statements for Kerch, Inc., are shown here (assuming no income taxes): Assets Income Statement Sales $4,200 Costs 3,460 Net $740 income Balance Sheet $14,900 Debt Equity $14,900 Total $10,400 4,500 Total $14,900 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,975. What is the external financing needed