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"The most recent financial statements for Watchtower, Inc. are shown here (assuming no income taxes):,Income Statement,Sales $4100,Costs $2624,Net Income $1476,,Balance Sheet,Assets $9110 Debt $5833,Equity $3277,Total $9110 $9110 ,,Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year’s sales are projected to be $5,002. What is the amount of the external financing need? ,Answer Selections below,a)$203 ,b)$197 ,c)$211 ,d)$223 ,e)$218 ,

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