The most recent financial statements for Kerch, Inc., are shown here (assuming no income taxes):

Income Statement		Balance Sheet
Sales	$4,200	Assets	$14,600	Debt	$10,400
Costs	3,410			Equity	4,200
Net income	$790	Total	$14,600	Total	$14,600

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,972.

What is the external financing needed?

Multiple Choice

• $5,037

• $4,787

• $5,317

• $5,162

• $4,907