Here are the abbreviated financial statements for Planner's Peanuts: INCOME STATEMENT, 2019 Sales Cost Net income Assets Total (a) (b) (c) $11,000 25% 30% 35% 8,700 $ 2,300 BALANCE SHEET, YEAR-END 2018 2019 $10,500 $11,000 Debt $ $10,500 $11,000 2018 External Financing Need 853 Assets are proportional to sales. If the dividend payout ratio is fixed at 50%, calculate the required total external financing for growth rates in 2020 of (a) 25%, (b) 30%, and (c) 35%. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Equity 9,647 Total $10,500 2019 $1,000 10,000 $11,000