external financing was wrong when i put 56 million and 0. i tried both. i dont know what part B is.

D You received partial credit in the previous attempt. Dahlia 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 $480 million Current assets, fixed assets, and short-term debt are 20 percent, 70 percent, and 10 percent of sales, respectively. Charming Florist pays out 20 percent of its net income in dividends. The company currently has $125 million of long-term debt and $53 million in common stock par value. The profit margin is 15 percent. a. Construct the current balance sheet for the firm using the projected sales figure. (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) Assets Balance Sheet Liabilities and equity 80,000,000 Short-term debt 280,000,000 Long-term debt $ Current assets Fixed assets $ 40,000,000 125,000,000 $ Common stock Accumulated retained earnings 53,000,000 142,000,000 Total equity 360,000,000 Total liabilities and equity Total assets $ $ 195,000,000 360,000,000 $ b. Based on Ms. Colby's sales growth forecast, how much does Charming Florist need in external funds for the upcoming fiscal year? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) External financing needed