5. Great Subs believes it can increase sales by 50% to $150,000 with a corresponding increase in all its assets and in it 30s accounts payable. Earnings after tax are expected to be $7,500. The company pays no dividends. What additional financing will Subs need to finance this growth? Subs balance sheet currently is as follows:

Cash	$ 2,500	Accounts Payable	$ 5,600
Accounts Rec	4,400	Notes Payable	10,000
Inventory	6,000	Long-term Debt	15,000
Fixed Assets, net	47,700	Stockholders Equity	30,000
TOTAL	$60,600	TOTAL	$ 60.600

Total financing needed: _____________________________________________

Retained Earnings: __________________________________________________

Additional financing needed: ____________________________________________