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For the hext fiscal year, you forecast net income of $ 4 9 , 4 0 0 and ending assets of $ 5 0 6

For the hext fiscal year, you forecast net income of $49,400 and ending assets of $506,300. Your firm's payout ratio is 10.8%. Your beginning stockholders' equity is $297,500, and your beginning total liabilities are $127,800. Your non-debt liabilities such as accounts payable are forecasted to increase by $10,200. What will be your net new financing needed for next year?
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