Question 7 (2 points) (Do not round intermediate calculations. Round your answers to 2 decimal places) Here are the abbreviated financial statements for Whispering Pipes: Income Statement, 2019 Sales $ 2,234 Costs 1,788 Net Income $ 446 Assets Balance Sheet, Year-End 2018 2019 2018 2019 $ 2,790 $ 3,671 Debt $ 821 1,194 Equity $ 1,969 2.477 $ 2,790$ 3,671 Total $ 2,790 $ 3,671 Total If the dividend payout ratio is fixed at 50%, the forecasted retained earnings in 2020 with a growth rate of 20% is $ and required total external financing for growth rate in 2020 of 20% is $