2. What is the amount of external financing needed, assuming the company is operating at full capacity? Assume Sales grow at 15% and Dividend Payout Rate = 50%. Tasha's Toy Emporium Income Statement, 2021 Sales Less: costs EBT Less: taxes (40% of EBT) Net Income Dividends Add. To RE ASSETS Current Assets Cash A/R Inventory Total Fixed Assets Net PP&E Total Assets EFN Plug Variable Current Pro Forma 5,000 -3,000 2,000 -800 1,200 600 600 Tasha's Toy Emporium - Balance Sheet Current Pro Forma $500 2,000 3,000 5,500 4,000 9,500 Liabilities & Owners' Equity Current Liabilities A/P N/P Total LT Debt Owners' Equity CS & APIC RE Total Total L & OE Current Pro Forma $900 2,500 3,400 2,000 2,000 2,100 4,100 9,500