em wiat you want to do A k B U ov Av A Ev Ev 4. The financial statement of Ruby & Company is as follows: Income Statement Sales Costs Taxable income Taxes 34% Net Income 5,700 4,200 1,500 510 990 Current Assets Fixed Assets 3,900 8,100 Balance Sheet Current Liabilities Long Term Debt Equity Total 1 2,2 3,750 6,050 12,000 Total 12,000 Assets, Costs and current liabilities are proportional to sales. Long term debt and equity are not. The company maintains a constant 40% dividend pay-out ratio. Next years sales are projected to increase by exactly 15%. What is the external financing required