Here are the abbreviated financial statements for Planners Peanuts Income Statement, 2015 Sales Costs Net income $2,610 1,360 $1,250 Assets 2014 $2.915 Balance Sheet, Year End 2015 $4,347 Debt Equity $4,347 Total 2014 $993 1,922 $2.915 2015 $1,587 2.760 $4,347 Total $2,915 a. What is the maximum possible growth rate in 2016 for Planners Peanuts if the payout ratio is fixed at 51% and no external debt or equity is to be issued? (Do not round intermediate calculations. Round your answer to 1 decimal place.) The maximum possible growth rate What is the maximum possible growth rate in 2016 for Planners Peanuts if the payout ratio is fixed at 51% and the firm maintains its 2015 debt-to-equity ratio but issues no equity? (Do not round intermediate calculations. Round your answer to 1 decimal place.) The maximum possible growth rate b. Calculate the required external financing for the two growth rates. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Required external financing for the first growth rate Required external financing for the second growth rate