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1 Problem 3-4 EFN 50 The most recent financial statements for Comelt, Inc., are shown here: TORE STATEMENT BALANCE THEY $26,600 ARTE $61.000 Debt Coats

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1 Problem 3-4 EFN 50 The most recent financial statements for Comelt, Inc., are shown here: TORE STATEMENT BALANCE THEY $26,600 ARTE $61.000 Debt Coats 13.990 Equity Table non # 1.700 Total 561,000 Total Te 404 2.4 Net Income 55,220 527.500 33.400 161.000 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2.200 was paid, and the company wishes to maintain a constant payout ratio Next year's sales are projected to be $31.920 What is the external financing needed? (Do not round intermediate calculations) External financing needed Bence

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