2" (Forecasting) Alter Inc. plans to grow sales at a 10% annual rate for 2015 expected to term debt is ted to remain expected to remain at $60,000 and Interest expense (not shown in 2014 at $3,000. Assuming that income statement and balance mct of unchanged, if the funding needs are met by increased borrowing? 2015. Long-t what is Alter's external funding need for 2015-ignoring the impact nce sheet relationships to sales are Problem #2 Alter, Inc (2014) Sales EBIT Net income Dividends Tax rate $ 150,000 Assets $15,000 Current liabilities $150,000 $10,000 $8,000 Total long-term debt60,000 $ 80,000 $5,000 Total equity $ 150,000 33.30% Total Liabilities & Equity