Please answer parts (b), (c-1) and (c-2).

Dahlia Colby, CFO of Charming Florist Ltd., has created the firm's pro forma balance sheet for the next fiscal year. Sales are projected to grow by 15 percent to $460 million. Current assets, fixed assets, and short-term debt are 15 percent, 70 percent, and 5 percent of sales, respectively. Charming Florist pays out 25 percent of its net income in dividends. The company currently has $130 million of long-term debt and $58 million in common stock par value. The profit margin is 12 percent. a. Construct the current balance sheet for the firm using the projected sales figure. (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) Answer is complete and correct. Assets Current assets Fixed assets Balance Sheet Liabilities and equity 60,000,000 Short-term debt 280,000,000 Long-term debt $ $ >> 20,000,000 130,000,000 $ Accumulated retained earnings Common stock 132,000,000 58,000,000 Total equity Total liabilities and equity $ $ 190,000,000 340,000,000 Total assets 340,000,000 b. Based on Ms. Colby's sales growth forecast, how much does Charming Florist need in external funds for the upcoming fiscal year? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) Answer is complete but not entirely correct. External financing needed $ 0 % c-1. Construct the firm's pro forma balance sheet for the next fiscal year. (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) Balance Sheet Assets Liabilities and equity Total equity Total liabilities and equity Total assets c-2. Calculate the external funds needed. (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) External financing needed