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

###### Question:

The most recent financial statements for Marpole Inc., are shown here (assuming no income taxes): Statement of Comprehensive Income Sales $6,500 Costs 4,610 Net income$ 1,890 Assets Statement of Financial Position $26,500 Debt Equity$ 26,500 Total $12,500 14,000$26,500 Total Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $7,150. What is the external financing needed? (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit$ sign in your response.) External financing needed

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