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Here are the abbreviated financial statements for Planners Peanuts: Income Statement, 2019 Sales $2,062 Costs 1,563 Net income $ 499 Assets Balance Sheet, Year-End 2018

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Here are the abbreviated financial statements for Planners Peanuts: Income Statement, 2019 Sales $2,062 Costs 1,563 Net income $ 499 Assets Balance Sheet, Year-End 2018 2019 2018 2019 $2,792 $3,844 Debt $ 962 $1,137 Equity $1,80 2,707 $2,792 33,844 Total $2,792 33,844 Total If the dividend payout ratio is fixed at 50%, calculate the required total external financing for growth rates in 2020 of 15%, 20%, and 25%. (Do not round intermediate calculations. Round your answers to 3 decimal places.) Growth Rate Required external financing 20% 25%

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