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Here are the abbreviated financial statements for Planners Peanuts: Income Statement, 2015 Sales $2,599 Costs 1,896 Net Income $ 703 Assets 2014 $2.737 Balance Sheet,

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Here are the abbreviated financial statements for Planners Peanuts: Income Statement, 2015 Sales $2,599 Costs 1,896 Net Income $ 703 Assets 2014 $2.737 Balance Sheet, Year-End 2015 $3,536 Debt Equity 2014 $888 $1,849 2015 $1,310 2,226 Total $2,737 $3,536 Total $2.737 $3,536 If the dividend payout ratio is fixed at 50%, calculate the required total external financing for growth rates in 2016 of 15%, 20%, and 25%. (Round your answers to 3 decimal places.) Growth Rate Required external financing 15% 20% 25%

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