Information on the Crum Company: 2001 1st pass Sales Operating costs 2000 $1,000.00 800.00 Factor x1.5 x1.5 EBIT Interest S 200.00 16.00 Taxes (40%) $184.00 73.60 Net Income Dividends (60%) $ 110.40 66.24 Addition to R.E. $44.16 x1.5 Current Assets Net fixed Assets $ 700.00 300.00 IL | Total assets S1.000.00 Accounts Payable Notes Payable Common stock Retained earnings Total Liab & Equity $ 150.00 200.00 150.00 500.00 S1.000.00 Refer to Crum Company's financial statements above. Crum expects sales to grow by 50% in 2001, and operating costs should increase at the same rate (50%) Fixed assets and Notes Payable will stay the same. Current assets should increase at the same rate as sales during 2001 (increase at 50%). The company plans to finance any external funds needed as 40% notes payable and 60% accounts payable. There is no need to consider financing feedbacks. a Prepare the 2001 1" Pass by printing and filling the above financial statements b. Calculate the Additional Funds Needed (AFN) (40% notes payable and 60% accounts payable)