on package Q described Q Chapter 3 Section... Chapter 18 Flasho.. y dra Q drag w omework Seved The most recent financial statements for Kerch, Inc., are shown here (assuming no Income taxes): Income Statement Sales $6,700 Costs 3,850 Assets Balance Sheet $22,050 Debt Equity $ 8,050 14,000 Net Income $2,850 Total $22,050 Total $22,050 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $7,906. What is the external financing needed? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) External financing needed MacBook Pro