(Discretionary financing needs) In the spring of 2013 the Caswell Publishing Company estabishled a custom publishing business for its business clients. These clients consisted principally of small-to-medium-size companies in Round Rock, Texas. However, the company's plans were disrupted when they landed a large printing contract from Dell Computers Corp (DELL) that they expected woudl run for several years. Specifically, the new contact would increast firms revenues by 100 percent. Consequently, Caswell's management knew they would need to make some significat changes in the firm capcity, and quickly. The followining balance sheet from 2013 and pro forma balance sheet from 2014 reflect the firm's estimates of the financial impact of the 100% revenue growth.

ballance sheet		pro forma ballance sheet
curent assets	12,070,000	current assets	$24,140,000
Net Fixed assets	17,790,000	net fixed assets	35,580,000
total	$28,860,00	total	$59,720,000
accounts payable	$1,920,000	accounts payable	$3,840,000
accrued expenses	1,910,000	accrued expenses	3,820,000
notes payable	1,410,000	notes payable	1,410,000
current liabilities	$5,240,000	current liabilities	$9,070,000
long term debt	6,520,000	long-term debt	6,520,000
total liablities	$11,760,000	total liabilities	$15,590,000
common stock (par)	1,020,000	common stock (par)	1,020,000
paid in capital	2,040,000	paid-in-capital	2,040,000
retained earnings	15,040,000	retained earnings	15,040,000
common equity	$18,100,000	common equity	$18,100,00
total	29,860,000	projected sources of financing	$33,690,000

a. how much new discretionary financing will Caswell requrire bassed on the above estimates? b. given the nature of the new contact and the specific needs for financing that the firm expects, what recommendations might you offer to the firm's chief financial officer as to specfic sources of financing the firm should seek to fulfill its DFN? select the choices that apply

retained earnings long-term debt common stock notes payable sale of fixed assets