Current financial information for Henri Corp. are presented below

Income Statement		Balance Sheet
Sales	$3,700	Current assets	$4,400	Current liabilities	$940
Costs	2,800	Fixed assets	4,900	Long-term debt	3,520
Taxable income	$900			Equity	4,840
Taxes (25%)	225	Total	$9,300	Total	$9,300
Net income	$675

Costs, current liabilities and assets are assumed to grow in proportion to sales. While long-term debt and equity are not. Assume the firm has a constant 50 percent dividend payout ratio. Analysts assume that next year's sales are projected to increase by exactly 25 percent.

Using the information above, estimate the external financing needed by Henri Corp.

Multiple Choice

• $1,618.12

• $1,903.12

• $1,668.12

• $880.00

• $1,718.12