Here are the abbreviated financial statements for Planner's Peanuts: INCOME STATEMENT, 2019 Sales $ 8,500 Cost 6,700 Net income $1,800 Assets BALANCE SHEET, YEAR-END 2018 2019 $5,500 $6,000 Debt Equity $5,500 $6,000 Total 2018 $ 853 4,647 $5,500 2019 $1,000 5,000 $6,000 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) 25%, (b) 30%, and (c) 35%. (Do not round intermediate calculations. Round your answers to 2 decimal places.) External Financing Need 25% (a) (b) (c) 30% 35%