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For the next fiscal year, you forecast net income of $49,1000 and ending assets of $508,700. Your firm's payout ratio is 10.2% Your beginning stockholders'

For the next fiscal year, you forecast net income of $49,1000 and ending assets of $508,700. Your firm's payout ratio is 10.2% Your beginning stockholders' equity is , and your beginning total liabilities are $119,900. Your non-debt liabilities, such as accounts payable, are forecasted to increase by $10,400. What will be your net new financing needed for next year?

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