3. Calculating EFN (LO2) The most recent financial statements for Marpole Inc. are shown here (assuming no income taxes): Statement of Comprehensive Income Statement of Financial Position Sales $6,300 Assets $18,300 Debt $12,400 Costs 3,890 Equity 5.900 Net income $2,410 Total $18,300 Total $18,300 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $7,434. What is the external financing needed? 8. Sales and Growth (LO2) The most recent financial statements for Cariboo Co. are shown here: Statement of Comprehensive Income Statement of Financial Position Sales $49,000 Current Assets $ 21,000 Long-term Debt $ 51,000 Costs 37,500 Fixed Assets 86,000 Equity 56,000 Taxable income $11,500 Total $107,000 Total $107,000 Taxes (34%) 3,910 Net income $ 7,590 Assets and costs are proportional to sales. The company maintains a constant 30% dividend payout ratio and a constant debt-equity ratio. What is the maximum increase in sales that can be sustained, assuming no new equity is issued