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

Income Statement Balance Sheet

Sales$4,500 Assets$14,700 Debt$10,900

Costs3,390 Equity3,800

Net income$1,110

Total$14,700 Total$14,700

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,959.

Required:What is the external financing needed?(Do not round your intermediate calculations.)

rev: 09_17_2012

Multiple Choice

• $3,576
• $3,046
• $3,421
• $3,166
• $3,296