5. EFN.[LO2] The most recent financial statements for Assouad, Inc., are shown here: Current assets Fixed assets Income Statement Sales $7.900 Costs 5.500 Taxable income $2.400 Taxes (34%). 816 Net income $1.584 Balance Sheet $ 3,900 Current liabilities 8,600 Long-term debt Equity $12,500 Total $2,100 3,700 6,700 $12,500 Total Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 15 percent. What is the external financing needed? 5. EFN.[LO2] The most recent financial statements for Assouad, Inc., are shown here: Current assets Fixed assets Income Statement Sales $7.900 Costs 5.500 Taxable income $2.400 Taxes (34%). 816 Net income $1.584 Balance Sheet $ 3,900 Current liabilities 8,600 Long-term debt Equity $12,500 Total $2,100 3,700 6,700 $12,500 Total Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 15 percent. What is the external financing needed