For the next fiscal year, you forecast net income of $48,000 and ending assets of $500,300. Your firm's payout ratio is 10.6%. Your beginning stockholders' equity is $298,900, and your beginning total liabilities are $123,800. Your non-debt liabilities such as accounts payable are forecasted to increase by $10,300. Assume your beginning debt is $103,800. 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 debt-equity ratio constant?

1.The amount of debt to issue will be (Round to the nearest dollar.)

2.The net financing required will be (Round to the nearest dollar.)