E. A rm's balanoe sheet and income statements for 2015 31 2016 are shown below. It is currently utilizing 90% of its production capacity. a} what is the External Funds Needed if sales grow 5% in the next year? b} what is the External Funds Needed if sales grow 20% in the next year? Year ended Year ended Income Statement 12,:"3 122 010 12,13 1,! 2015 Total Revenue 12,000 11,000 Cost of Goods Sold 5,000 4,390 Depreciation Si. Amortization 1,231 1,122 Earnings Before Interest and Taxes {EBIT} 5,239 4,933 Interest Expense 332 290 Taxable Income 5,432 4,693 Tax Expense 1,030 931 Net Inoome {Loss} 4,352 3,202 Dividends Paid 1,300 1,200 Year ended Year ended Balance Sheet 1223122010 1223122015 Assets Current assets: Cash and cash equivalents 22,152 24,101 Accounts receivable 593 345 Inventory 393 1,234 Total current assets 23,353 25,240 Net Fixed Assets 34,000 33,212 Total assets 132,353 59,452