Global developed the pro forma financial statements given below. Assume that Global Corp. expects sales to grow by 7% next year, pays out 50% of its net income, and needs $11.9 million of net new financing. If Global decides that it will limit its net new financing to no more than $11.6 million, how will this affect its payout policy? Click the icon to view Global's financial statements. its payout to shareholders by If Global limits new financing to only $11.6 million, then it would need to $ million to make up the difference on its balance sheet. (Round to one decimal place.) increase cut O 176.7 - 171.5 5.2 Balance Sheet ($ million) Assets Cash Accounts Receivable 21.8 17.2 Income Statement ($ million) Net Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Expense (net) Pre-tax Income Income Tax Net Income - 1.4 Inventories 15.4 3.8 -7.7 -3.9 1.0 -2.9 Total Current Assets Net Property, Plant, and Equipment Total Assets 54.4 110.1 164.5 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Total Stockholders' Equity Total Liabilities and Equity 33.3 113.5 146.8 17.7 164.5