Assume the Following Facts About a Firm: the Firm's

Assume the following facts about a firm: The firm's external funding requirement for next year is
( Hint : You don't have to remember the EFR formula. Just realize that the funding requirement is the growth in assets less that in current liabilities less next year's retained earnings. A negative result means surplus funds are available.)

A) $10,800
B) ($28,800)
C) ($10,800)
D) $28,800