Formula and answer please.

A1 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 c The most recent financial statements for Hornick, Inc., are shown below (assuming no income taxes). Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $8,968. What is the external financing needed? Income statement Sales Costs Net income Next year's sales $ 7,600 5,180 2 420 8,968 Assets Total Balance sheet 21,700 Debt Equity 21 700 Total 9,100 12,600 s Complete the following analysis. Do not hard code values in your calculations. Percent increase in sales Pro forma income statement Sales Costs Net income External financinw Sheetl Assets Total Pro forma balance sheet Debt Equity Total READY Attempt(s)