For the next fiscal year, you forecast net income of $48,300 and ending assets of $500,200. Your firm's payout ratio is 10.3%. Your beginning stockholders' equity is $298,900, and your beginning total liabilities are $123,100. Your non-debt liabilities such as accounts payable are forecasted to increase by$10,500. Assume your beginning debt is $103,100.

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?

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

The amount of equity to issue will be ?(Round to the nearest dollar.)