The financial statements of Eagle Sport Supply are shown in the table below. For simplicity, "Costs" include interest. Assume that Eagle's assets are proportional to its sales. Income Statement Sales Costs $1,150 350 Pretax income $ 800 Taxes (at 30.0%) Net income 240 $ 560 Balance Sheet, Year-End 2019 Net assets $3,200 2018 $2,900 Total $3,200 $2,900 Debt Equity Total 2019 $1,100 2,100 $3,200 2018 $1,000 1,900 $2,900 a. Find Eagle's required external funds if it maintains a dividend payout ratio of 50% and plans a growth rate of 20% in revenue, expenses, and assets in 2020. Assume the tax rate remains constant. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Answer is complete and correct. External funds needed $ 304 b. If Eagle chooses not to issue new shares of stock, what is the value of debt in 2020? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Answer is complete but not entirely correct. Value of debt $ 304 c. Suppose that the firm plans instead to increase long-term debt only to $1,250 and does not wish to issue any new shares of stock. What must be the 2020 dividend payment now? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Answer is complete and correct. Dividends $ 182