Use the below information to answer the following question. Income Statement For the Year Sales Cost of goods sold Depreciation $28,400 21,200 2,700 Earnings before interest and taxes $4,500 Interest paid 850 Taxable income Taxes $3,650 1,400 Net income 2,250 Dividends $900 Balance Sheet End-of-Year Cash Accounts receivable Inventory $ 550 2,450 4,700 Total current assets Net fixed assets $7,700 16,900 Total assets $24,600 Accounts payable Long-term debt Common stock ($1 par value) Retained earnings $ 2,700 9,800 8,000 4,100 Total Liab. &Equity $24,600 This firm is currently operating at 84 percent of capacity. All costs and net working capital vary directly with sales. The tax rate, the profit margin, and the dividend payout ratio will remain constant. How much additional debt is required if no new equity is raised and sales are projected to increase by 12 percent? O-$810 -$912 O-$642 O $264 O $358