a b c Increase in Sales $3,750,000 $3,000,000 $4,500,000 Increase in Expenses $3,750,000 $2,800,000 $4,000,000

"Consider the Industrial Supply Company example (Table 4.4) again. Assume that thecompany plans to maintain its dividend payments at the same level in 2009 as in 2008.Also assume that all of the additional fi nancing needed is in the form of short-term notespayable. Determine the amount of additional fi nancing needed and pro forma fi nancialstatements (that is, balance sheet, income statement, and selected fi nancial ratios) for2009 under each of the following conditions:(Attached)"