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Total assets $26,292.000 Total liabilities and equity The Optical Scam Company has forecast a sales growth of 25 percent for next year. The current financial

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Total assets $26,292.000 Total liabilities and equity The Optical Scam Company has forecast a sales growth of 25 percent for next year. The current financial statements are shown here: Income Statement Sales 31,300,000 $ Costs 25,856,500 Taxable income $5.443.500 Taxes 1.905,225 Net Income $ 3,538,275 Dividends $1,415,310 Addition to retained 2,122.965 earnings Balance Sheet Assets Liabilities and Owners' Equity Current $ 7.290,000 Accounts payable $ 6,886,000 assets Long-term debt 4,382,000 Fixed assets 19.002.000 Common stock $ 3.788.000 Accumulated retained 11,236.000 earnings Total equity $15.024.000 $ 26,292.000 a. Using the equation from the chapter, calculate the external financing needed for next year. (Do not round intermediate calculations and round your answer to the nearest whole dollar amount, e.g., 32) External financing needed b-1. Construct the firm's pro forma balance sheet for next year. (Do not round Intermediate calculations and round your answers to the nearest whole dollar amount, e... 32.) Assets Current assets Fixed assets Balance Sheet Liabilities and equity Accounts payable Long-term debt Common stock Accumulated retained earnings Total equity Total liabilities and equity Total assets b-2 Calculate external financing needed. (Do not round Intermediate calculations and round your answer to the nearest whole dollar amount, e.g. 32.) External financing needed c. Calculate the sustainable growth rate for the company based on the current financial statements. (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 3216.) Sustainable growth rate % Total assets $26,292.000 Total liabilities and equity The Optical Scam Company has forecast a sales growth of 25 percent for next year. The current financial statements are shown here: Income Statement Sales 31,300,000 $ Costs 25,856,500 Taxable income $5.443.500 Taxes 1.905,225 Net Income $ 3,538,275 Dividends $1,415,310 Addition to retained 2,122.965 earnings Balance Sheet Assets Liabilities and Owners' Equity Current $ 7.290,000 Accounts payable $ 6,886,000 assets Long-term debt 4,382,000 Fixed assets 19.002.000 Common stock $ 3.788.000 Accumulated retained 11,236.000 earnings Total equity $15.024.000 $ 26,292.000 a. Using the equation from the chapter, calculate the external financing needed for next year. (Do not round intermediate calculations and round your answer to the nearest whole dollar amount, e.g., 32) External financing needed b-1. Construct the firm's pro forma balance sheet for next year. (Do not round Intermediate calculations and round your answers to the nearest whole dollar amount, e... 32.) Assets Current assets Fixed assets Balance Sheet Liabilities and equity Accounts payable Long-term debt Common stock Accumulated retained earnings Total equity Total liabilities and equity Total assets b-2 Calculate external financing needed. (Do not round Intermediate calculations and round your answer to the nearest whole dollar amount, e.g. 32.) External financing needed c. Calculate the sustainable growth rate for the company based on the current financial statements. (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 3216.) Sustainable growth rate %

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