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The most recent financial statements for Monkey Co. are shown here: Income Statement Balance Sheet Sales $23,900 Assets $106,000 Debt $42,600 Costs 16,700 Equity 63,400

The most recent financial statements for Monkey Co. are shown here: Income Statement Balance Sheet Sales $23,900 Assets $106,000 Debt $42,600 Costs 16,700 Equity 63,400 Taxable income $7,200 Total $106,000 Total $106,000 Taxes (23%) 1,656 Net income $5,544 Next year's sales are projected to be $29,300. The company paid an annual dividend of $1,650 this year, and the company plans to maintain a constant dividend payout ratio. Assets and costs are proportional to sales. Debt and equity are not. What is the external financing needed next year? A. $13,637 B. $19,176 C. $14,745 D. $15,853 E. none of the above

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