A firm has created their Pro Forma financial statements for the next quarter. The table below shows both their prior period's performance and assumptions to be used for next quarter's projections. Using this data and the fact that the firm plans to acquire any additional capital needed via long-term debt, identify the amount of long-term debt required for the firm to have a balanced budget in the next quarter based on their projections.

Quarter #1 Quarter #2 INCOME STATEMENT (Actual) (Pro Forma) Assumptions: Sales revenue 1,000 Sales revenue will increase by 5% Less: Total operating exp 750 Operating expenditures will remain at the same level as a percentage of Sales EBIT 200 Interest on debt is 10% Less: Interest 20 The firm's tax rate is 40% EBT 180 Current assets will remain at the same level as a percentage of Sales Less: Taxes 72 Net fixed assets will increase by 135 Net income 108 Current liabilities will remain at the same level as a percentage of Sales Dividends paid 54 The firm will maintain their dividend from the prior period BALANCE SHEET Quarter #1 Quarter #2 Assets (Actual) (Pro Forma) Current assets 450 Net fixed assets 400 Total assets 850 Liabilities & Equity Current liabilities 250 Long-term debt 200 Equity Common stock 200 Retained earnings 200 Total equity 400 Total liabilities & equity 850