A firm is currently operating at maximum capacity. The firm has a net income of $$2,250,$ total

assets of $$24,600,$ long$-$term debt of $$9,477\mathrm{.}50,$ accounts payable of $$2,700,$ dividends of $$900,$ and

total equity of $$12,100.$ All costs, assets, and current liabilities vary directly with sales. The tax rate and

the dividend payout ratio will remain constant. How much additional debt is required if no new equity is

raised and sales are projected to increase by $5$ percent?

$-$$$467$

$$367$

$$0$

$$108$

$-$$$323$