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2. (5 points) The most recent financial statements for Incredible Edibles, Inc., are shown here (assuming no income taxes): INCOME STATEMENT Sales $ 9,200 Costs

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2. (5 points) The most recent financial statements for Incredible Edibles, Inc., are shown here (assuming no income taxes): INCOME STATEMENT Sales $ 9,200 Costs 6,430 Assets BALANCE SHEET $ 27,000 Debt Equity $13,000 14,000 Net income $ 2,770 Total $ 27,000 Total $ 27,000 Assets and costs are proportional to sales, debt and equity are not. No dividends are paid. Next year's sales are projected to be $10,304. What is the external financing needed

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