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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 $ 2,551 Costs 1,800 Net Income $ 751 Assets Balance Sheet, Year-End 2018 2019 2018 2019 $ 2,827 $ 3,774 Debt $ 841 1,405 Equity $ 1,986 2.369 $ 2,827 $ 3,774 Total $ 2,827 $ 3.774 Total If the dividend payout ratio is fixed at 50%, the forecasted retained earnings in 2020 with a growth rate of 15% is $ 319.18 and required total external financing for growth rate in 2020 of 15% is $

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