The Most Recent Financial Statements for 7 Seas, Inc

The most recent financial statements for 7 Seas, Inc. are shown here: Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 50 percent dividend payout ratio. Like every other firm in its industry, next year's sales are projected to increase by exactly 16 percent. What is the external financing need?

A) $1,241.76
B) $1,411.16
C) $1,583.09
D) $2,211.87
E) $2,349.98