Pro Forma Financial Statements Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT Interest Expense (net) Pre-tax Income Income Tax $226,510 (110,663) $115,847 (6,565) $109,282 (263) $109,019 (38,157) $70,862 Balance Sheet Assets Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $16,528 2,302 4,406 $23,236 10,949 $34,185 Net Income Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity $1,677 3,960 $5,637 $34,657 $40,294 Based on Jim's expectation of 9.6% sales growth and payout ratio of 87.36% of net income next year, Jim developed the pro forma financial statements given below. What will be the amount of net new financing needed for Jim's Espresso? Click the icon to view the pro forma financial statements. (Select from the drop-down menu.) The total new financing will be $. (Round to the nearest dollar.) required excess