$7.$ Here is information from the most recent financial statements for your firm:

The Income Statement reports a net income of $$298,000.$

The Balance Sheet show that Assets is $$740,000,$ Liabilities is $$125,000,$ and Equity is $$615,000.$

Your company maintains a $35\%$ retention ratio.

If your firm wishes to maintain the same D$/$E ratio as last year, how much additional debt do you issue?