The attached Excel file contains an income statement and balance sheet for the Stider Co$.$ for $2022.$ It also includes a set of assumptions for financial planning for the next three years $($through $2025).$

Assume that interest expenses, non$-$debt long$-$term liabilities, long$-$term debt, shares and dividends per share will remain at their current levels.

Use this data to estimate the firm$$s New Funding Requirements or Excess Cash generated over the planning horizon.

Group of answer choices

$$7,431$ in New Funding Required

$$1,268$ in New Funding Required

$$3,294$ in Excess Cash

$$7,431$ in Excess Cash

$$3,294$ in New Funding Required

$$1,268$ in Excess Cash