Problem 23-05 with sales of $350,000, MOM, Inc. is operating at capacity but management anticipates that sales will grow 20 percent during the coming year. The company carns 12 percent on sales and distributes percent of earnings to stockholders. Its current balance sheet is as follows: MJM, Incorporated Balance Sheet as of 12/31/X0 Assets Liabilities and Equity Casti $6,000 Accounts payable $ 34,000 Accounts receivable 24,000 Accrual 43,000 Inventory 68,000 Notes payable 0 Current as 98,000 Current liabilities 77,000 Plant and equipment 110,000 Common stock 90,000 Retained earnings 41.000 To assets $200,000 Total abilities and equity $200.000 In addition to cash, which sets and bites will increase with the increase in sales and by how much the percent of sales is used to forecast the increases isset or labores does not change enter zero as a forecasted change. Do not round intermediate calculations, Round your answers to the nearest dati Assets and liabilities Change Forecasted change Cast: Account recewable $ Inventory $ Plant and equipment $ Accounts payable $ Accruals $ Notes payable Select $ 1. How much eden finance will the firm need? Round your wer to the rest do $ I did not increase it could be mained $6,000, what impact would the lower cash bave on the need for external franc Round your wwwer to the newest corner Your positive cash remained $6.000 the need for external funds wheels d. If the idea 30 percent (%) of percent (1) fs lit need ernal finance The incredingscomparing (2) with (2)