In the spring of 2013 the Caswell Publishing Company established a custom publishing business for its business clients. These clients consisted principally of small- to medium-size companies in Round Rock, Texas. However, the company's plans were disrupted when they landed a large printing contract from Dell Computers Corp. (DELL) that they expected would run for several years. Specifically, the new contract would increase firm revenues by 100 percent. Consequently, Caswell's management knew they would need to make some significant changes in firm capacity, and quickly. The following balance sheet for 2013 and pro forma balance sheet for 2014 reflect the firm's estimates of the financial impact of the 100 percent revenue growth:

Caswell Publishing Co.			Caswell Publishing Co.
Balance Sheet for 2013			Pro Forma Balance Sheet for 2014	100%
Current assets	$12,020,000		Current assets	$24,040,000
Net fixed assets	18,040,000		Net fixed assets	36,080,000
Total	$30,060,000		Total	$60,120,000
Accounts payable	$2,080,000		Accounts payable	$4,160,000
Accrued expenses	2,050,000		Accrued expenses	4,100,000
Notes payable	1,490,000		Notes payable	1,490,000
Current liabilities	$5,620,000		Current liabilities	$9,750,000
Long-term debt	6,580,000		Long-term debt	6,580,000
Total liabilities	$12,200,000		Total liabilities	$16,330,000
Common stock (par)	920,000		Common stock (par)	920,000
Paid-in capital	1,930,000		Paid-in capital	1,930,000
Retained earnings	15,010,000		Retained earnings	15,010,000
Common equity	$17,860,000		Common equity	$17,860,000
Total	$30,060,000		Projected sources of financing	$34,190,000
1. The discretionary financing needs are $------------ (Round to the nearest dollar.) 2. Given the nature of the new contract and the specific needs for financing that the firm expects, what recommendations might you offer to the firm's chief financial officer as to specific sources of financing the firm should seek to fulfill its DFN?(Select all the choices that apply below.) A. Notes payable. B. Long-term debt C. Sale of fixed assets. D. Common stock. E. Retained earnings.