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For the next fiscal year, you forecast not income of $48,300 and ending assets of $506,300. Your firm's payout ratio is 10.9%. Your beginning stockholders'

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For the next fiscal year, you forecast not income of $48,300 and ending assets of $506,300. Your firm's payout ratio is 10.9%. Your beginning stockholders' equity is $297,400, and your beginning total liabilities are $125,900. Your non-debt liabilities such as accounts payable are forecasted to increase by $10,200. Assume your beginning debt is $105,900. 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 $ 19,116). (Round to the nearest dollar) The amount of equity to issue will be $ . (Round to the nearest dollar)

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