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2. The most recent financial statements for Last in Line, Inc. are shown here: Income Statement Balance Sheet Sales $18,500 Assets $89,510 Debt $19,580 Costs

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2. The most recent financial statements for Last in Line, Inc. are shown here: Income Statement Balance Sheet Sales $18,500 Assets $89,510 Debt $19,580 Costs 14,800 Equity 69,930 Taxable income 3,700 Total $89,510 Total $89,510 Taxes (33%) 1,221 Net income $2,479 Sales are expected to grow by 12 percent next year, the dividend payout ratio is 60 percent. How much additional funds (AFN) will be needed

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