EFN CalculationThe most recent Financial Information for Golf Pro Inc. are shown

EFN CalculationThe most recent Financial Information for Golf Pro Inc. are shown here:Income Statement Balance SheetSales $3400 Current Assets $4400 Current Liabilities $880Costs 2800 Fixed Assets 5700 Long Term Debt 3580Taxable Income 600 Equity 5640Taxes @ 34% 204 Total 10100 Total $10100Net Income $ 396Assets costs and current Liabilities are proportional to sales. Long term Debt and equity are not. The company maintains a constant 50% dividend payout ratio. As with every other firm in its industry the next years sales are projected to increase by exactly 15%. What is the external financing needed?