For the next fiscal year you forecast net income of $50,000 and ending assets of $503.000. Your firm's payout ratio is 98%. Your beginning stockholdersequity is $297 600 and your beginning total liabilities are $120 500. Your non-debt liabilities such as accounts payable are forecasted to increase by $10,300. Assume your beginning debt is $104.400. What amount of equity and what amount of debt would you need to issue to cover the net new financing in order to keep your debl-equity ratio constant? The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures) However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practions during your career thes The amount of equity to issue will be $(Round to the nearest dollar) For the next fiscal year you forecast net income of $50,000 and ending assets of $503.000. Your firm's payout ratio is 98%. Your beginning stockholdersequity is $297 600 and your beginning total liabilities are $120 500. Your non-debt liabilities such as accounts payable are forecasted to increase by $10,300. Assume your beginning debt is $104.400. What amount of equity and what amount of debt would you need to issue to cover the net new financing in order to keep your debl-equity ratio constant? The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures) However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practions during your career thes The amount of equity to issue will be $(Round to the nearest dollar)