Here are the abbreviated financial statements for Planner's Peanuts: INCOME STATEMENT, 2019 Sales $9,000 Cost 7,100 Met income $1,900 Assets BALANCE SHEET, YLAR-END 2018 2015 2018 $6,500 57.000 Debt $ 850 I quity 5,647 $5,500 57.000 Total $6,500 2019 $1,000 6,000 $7.000 Total Assets are proportional to sales. If the dividend payout ratio is fixed at 50% calculate the required total external financing for growth ales in 2020 ofta) 25%. D) 30% and (c) 35% (Do not round intermediate calculations. Round your answers to 2 decimal places.) External Financing Need b) om