Cheryl Colby, CFO of Charming Florist Ltd, has created the firm's pro forma balance sheet for the next fiscal year. Sales are projected to grow by 20 percent to $420 million Current assets, fixed assets, and short-term debt are 20 percent, 70 percent and 10 percent of sales, respectively. The company pays out 20 percent of its net income in dividends. The company currently has $129 million of long-term debt, and $57 million in common stockpar value. The profit margin is 14 percent. o. Prepare the current balance sheet for the firm using the projected sales figure (Accounts should be entered by order of liquidity. Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, e.g. 1,234,567.) b. Based on the sales growth forecast, how much does the company need in external funds for the upcoming fiscal year using the EFN equation from the textbook? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g. 1,234,567.)