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Total $ 153,780 Long-term $ 28,000 Fixed The most recent financial statements for Scott, Inc., appear below. Sales for 2020 are prejected to grow by

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Total $ 153,780 Long-term $ 28,000 Fixed The most recent financial statements for Scott, Inc., appear below. Sales for 2020 are prejected to grow by 25 percent. Interest expense will remain constant, the tax rate and the dividend payout rate also will remain constant Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales Owners equity Come Netplant $ 41000 stock and $ 113,500 equipment SCOTT, INC 2019 Income Statement paid-in surplus Road Sales 145.000 264,850 Couts Other 580 000 16,000 Total $ 328 330 Total Total Earnings before interest and taxes 149.000 $ $ 574,750 574,730 and owners equity 12.000 Taxable Tesses 137,000 30,140 If the form is operating at all capacity and no new debt or euity issued, what external financing is needed to support the 25 percent growth rate in sales? (Do not round Intermediate Net income $ 106,860 Dividends Addition to $33.127 73,733 earners One SCOTT.INC Balance Sheet as of December 31, 2019 Liabilities and Owners' Equity Current liabilities Account $ 54,600 Cash 20,410 able Notes 13.800 receivable payable 89.960 Total Twentory $ 68,400

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