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

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year€™s sales are projected to be $9,660. What is the external financing needed?

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INCOME STATEMENT BALANCE SHEET Sales Costs $8,400 6,190 Net income $2210 Debt Equity S 4,200 17,300 Assets $21,500 Total Total