Here are the abbreviated financial statements for Planner's Peanuts: INCOME STATEMENT, 2019 Sales $6,000 Cost 4,700 Net income $1,300 Assets BALANCE SHEET, YEAR-END 2018 2019 2018 $9,500 $10,000 Debt $ 933 Equity 8,567 $9,500 $10,000 Total $9,500 2019 $ 1,000 9,000 $10,000 Total 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) 20%, (b) 25%, and (c) 30%. (Do not round intermediate calculations. Round your answers to 2 decimal places.) External Financing Need 20% (a) (b) (c) 25% 30%