The following is the balance sheet for 20x5 for Marbelline 4.50 Assets Cash Accts Rec Inventory Current Assets Fixed assets (non- spontaneous) Marbell Inc. Balance Sheet as at December 31, 20x5 Liabilities $15,500 Accounts Payable 90,000 Notes Payable 60.000 Accrued Expenses 165,000 Current Liabilities 60.000 Common stock $ 90,000 30,000 7.500 127,500 75,500 Retained earnings 22.500 $225.000 Total Liabilities SH Equity $225.000 Total Assets Sales for 20x5 were $500.000 Sales for 20x6 have been projected to increase by 10% Assuming that Marbell Inc is operating below capacity, calculate the amount of new funds required to finance this growth. Marbell has an 8% return on sales and 80% is paid out as dividends Short Answer This question will be sent to your instructor for grading