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For the next fiscal year, you forecast net income of $51,000 and ending assets of $500,200. Your firm's payout ratio is 9.7%. Your beginning stockholders'

For the next fiscal year, you forecast net income of $51,000 and ending assets of $500,200. Your firm's payout ratio is 9.7%. Your beginning stockholders' equity is $299,700, and your beginning total liabilities are $120,800. Your non-debt liabilities, such as accounts payable, are forecasted to increase by $10,000. What will be your net new financing needed for next year? The net financing required will be $ (Round to the nearest dollar)

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