1 A firm plans to purchase new equipment next year. The cost to make this purchase is 5675,000. As part of its financial planning for the project, the financial manager has prepared the following pro forma income statement Pro Forma Income Statement Revenues $5,010,000 COGS 2.705,400 Gross Income $2.304.600 Operating Expenses 1.152 300 EBIT $1.152 300 Interest Expense 325,000 Taxable income 5827.300 Taxes (25%) 206 825 Net Income 5620,475 Dividends to Common Stockholders 150 000 Additions to Retained Earnings 5470 475 Given the film's pro forma income statement will the firm need to arrange for additional financing to purchase the equipment? Why why not? (6 points) If a firm needs additional external financing what are its alternatives? (4 points) b