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(Do not round intermediate calculations. Round your answers to 2 decimal places) Here are the abbreviated financial statements for Whispering Pipes: Income Statement, 2019 Sales

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(Do not round intermediate calculations. Round your answers to 2 decimal places) Here are the abbreviated financial statements for Whispering Pipes: Income Statement, 2019 Sales $ 2,234 Costs 1,788 Net Income $ 446 Assets Balance Sheet, Year-End 2018 2019 2018 2019 $ 2,790 5 3,671 Debts 821 1,194 Equity S 1.969 2.477 $ 2,790 5 3,671 Total $ 2,790 $ 3,671 Total If the dividend payout ratio is fixed at 50%, the forecasted retained earnings in 2020 with a growth rate of 25% is $ and required total external financing for growth rate in 2020 of 25% is $

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