The most recent financial statements for Kerch, Incorporated, are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $ 4,200 Assets $ 14,600 Debt $ 10,300 Costs 3,440 Equity...

Extracted text: The most recent financial statements for Kerch, Incorporated, are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $ 4,200 Assets $ 14,600 Debt $ 10,300 Costs 3,440 Equity 4,300 Net $ 760 Total $ 14,600 Total $ 14,600 income Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,961. What is the external financing needed? Multiple Choice $4,793 $5,323