RV in W im H1 Homework Chapter 4 i Saved The most recent financial statements for Kerch, Inc., are shown here (assuming no income taxes): Income Statement Sales $8,400 Costs 6,390 Assets Balance Sheet $14,000 Debt Equity $ 6,000 8,000 Book Net income $ 2,010 Total $14,000 Total $14,000 Hint Terences Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $9.996. What is the external financing needed? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) External financing needed $ 799.10