Here are the abbreviated financial statements for Planners Peanuts: Income Statement, 2015 Sales Costs Net income $3,410 930 $2,480 Assets 2014 $2,927 Balance Sheet, Year-End 2015 $4,121 Debt Equity $4,121 Total Total $2,927 201 $95 1,974 $2,927 2015 $1,202 2.919 $4.121 a. What is the maximum possible growth rate in 2016 for Planners Peanuts if the payout ratio is fixed at 57% and no external debt or equity is to be issued? (Do not round intermediate calculations. Round your answer to 1 decimal place.) The maximum possible growth rate % What is the maximum possible growth rate in 2016 for Planners Peanuts if the payout ratio is fixed at 57% and the firm maintains its 2015 debt-to-equity ratio but issues no equity? (Do not round intermediate calculations. Round your answer to 1 decimal place.) The maximum possible growth rate % b. Calculate the required external financing for the two growth rates. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Required external financing for the first growth rates Required external financing for the second growth rate $