(b) (C) Please note that you are NOT required to create or work with a pro-forma balance sheet. Instead, please use the AF N equation method (employing the standard simplifying assumptions concerning fixed assets) to answer the following: (a) With respect to the fact that xed assets are currently being utilised at 75 percent of capacity, compute the values of 111* and L* [3 marks) Calculate any gures relating to Fixed Assets required for bringing this lumpy asset into the AF N equation (2 marks) Use the AFN equation to calculate any additional funds needed by the end of the year. [8 marks) (d) W'hat will be the gure for Total Assets in the pro-forma balance sheet for the coming year? [Note: You are NOT required to furnish this balance sheet]] (2 marks) (e) Given that Microdot Ltd prefers to take on short-term debt first, and issuing new equity is its least-favoured source of funding, calculate the value of funds that will have to be raised from each of these sources: {i} Long-term Debt (ii) Short-term Debt (ii) The issue of new shares. (10 marks) TOTAL: 25 marks