Zebco Corporation provided an income statement and balance sheet for 2020 and 2021. If the company projects 15% sales growth for next year, the summary is: 1) External financing of $1,260,000 will be needed to support the growth, based on calculations of changes to assets/liabilities from the income statement and balance sheet. 2) To obtain external financing for the projected growth, management options include issuing new equity shares or taking on new long-term debt.