A. $860

B. $1060

C. -$260

D. $660

Oscar's Incredible Eatery ($ thousands) Income Statement for the year ending Dec. 31, 2014 Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest expense 17.300 10,600 3,250 3,450 680 2,770 940 1.830 450 Earnings before tax Tax Earnings after tax Dividends Balance Sheet as of Dec. 31. 2014 Cash 350 Accounts payable Accounts receivable 940 Long-term debt Inventory 2.360 Common stock Total current assets 3.650 Retained earnings Net fixed assets 10,850 Total assets 14,500 Total liab. & equity 1.920 3,500 7,500 1,580 14,500 Please refer to Oscar's financial statements above. Assume a constant profit margin and dividend payout ratio, and further assume all of Oscar's assets and current liabilities vary directly with sales. Assume long-term debt and common stock remain unchanged. Sales are projected to increase by 20 percent. What is Oscar's external financing need for next year