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most recent financial statements for kerch inc are shownhere.the Assuming no income taxes.income statementBalance Sheetsales$8,300assets$23,200Debt$9,00costs5,400_______Equity14200net2810Total$23,200Total$23,20incomeAssets and cost are proportional to sales. Debt and equity arenot. No dividends arepaid. Next year's sales are projected to be $9545What is the external financing needed?
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