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The most recent financial statements for Zoso, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $4,700 Assets $15,200 Debt $10,300

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


Income Statement Balance Sheet
Sales $4,700 Assets $15,200 Debt $10,300
Costs 3,430 Equity 4,900
Net income

$1,270

Total

$15,200

Total

$15,200



Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,962.


Required:

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


rev: 09_17_2012

$2,470
$2,340
$2,220
$2,750
$2,595

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