Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes):

Consider the following simplified financial statements for the Wins Corporation ( assuming no income taxes ) . Income Statement Balance Sheet Sales $ 29, 700 Assets\\ $24, 850 Debt $ 6.350 Costs 22.020 Equity* 18.500 Net inCOMTE $ 7.680 Total\\ $24. 850 Total $24. 850 The company has predicted a sales increase of 10 percent. Assume the company Day's out half of net income in the form of a cash dividend . Costs and assets Vary with Sales . but debt and equity do not . Prepare the pro forma statements . ( Input all amounts as positive values . Do not round intermediate calculations and round your answers to the nearest whole dollar amount . )` Answer is complete but not entirely correct . Pro forma income Statement Pro forma balance Sheet BalES 3 2.6TOP ASSETS 27. 3.35 0| | Debt 5.985. 63 COSTS 24. 2720 Equity 22.7240 NET income 3. 448 0 Total 27. 3.35 0| Total 29. 70563\\ What is the external financing needed ? I Do not round intermediate calculations . A negative answer should be indicated by a minus sign . ) {} Answer is complete but not Entirely correct . External financing needed - 4. 224ED