Ningbo Shipping Has Prepared the Coming Year's Pro Forma Balance

Ningbo Shipping has prepared the coming year's pro forma balance sheet and has estimated that external financing required would be $230,000.The firm should prepare to

A) repurchase common stock totaling $230,000.
B) pay off an existing loan in the amount of $230,000.
C) do nothing; the balance sheet balances.
D) invest in marketable securities totaling $230,000.
E) none of the above