Consider the following financial statements for Industrial Supply Company. \begin{tabular}{cc} Increase in Sales & Increase in Expenses \\ \hline$3,675,000 & $3,500,000 \end{tabular} Assume the following: - The company plans to maintain its dividend payments and long-term debt at the same level in Year 2 as in Year 1. - All of the additional financing needed is in the form of short-term notes payable. - Levels of cash, accounts receivable, inventories, net fixed assets and accounts payable increase proportionately as sales increase. Round your answers in dollar form to the nearest dollar. Round your answers for financial ratios to two decimal places. Additional Financing Needed: 5