$3.$ You have the following information on the income statement this year:

Unit sales: $1,000$

Price$/$unit: $49$

VC$/$unit: $25$

FC$/$year: $10,000$

Dep$/$year: $5,000$

On the balance sheet last year, total asset is $$20,000$ and total equity is $$5,000.$ The dividend payout ratio is $25\%,$ the interest rate is $10\%,$ and the tax rate is $35\%.$ How much does the firm pay in dividends? $4.$ You have the following information on the income statement this year:

Unit sales: $1,000$

Price$/$unit: $49$

VC$/$unit: $25$

FC$/$year: $10,000$

Dep$/$year: $5,000$

On the balance sheet last year, total asset is $$20,000$ and total equity is $$5,000.$ The dividend payout ratio is $25\%,$ the interest rate is $10\%,$ and the tax rate is $35\%.$ If the firm only uses internal financing, how much Assets should the balance sheet report this year?