What is the amount of net new financing needed for Jim’s (see MyFinanceLab for the data in Excel format)?

Use the following income statement and balance sheet for Jim ’s Espresso:

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Income Statement Balance Sheet Sales 200,000 Assets Costs Except Depreciation (100,000) Cash and Equivalents 15,000 EBITDA 100,000 Accounts Receivable 2,000 Depreciation (6,000) Inventories 4,000 EBIT 94,000 Total Current Assets 21,000 Interest Expense (net) (400) Property, Plant, and Equipment 10,000 Pretax Income 93,600 Total Assets 31,000 Income Tax (32,760) Net Income 60,840 Liabilities and Equity Accounts Payable 1,500 Debt 4,000 Total Liabilities 5,500 Stockholders' Equity 25,500 Total Liabilities and Equity 31,000