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What am I doing wrong? My additional funds is wrong. Please correct the question: The Company expects sales to grow by 2 5 % in

What am I doing wrong? My additional funds is wrong. Please correct the question:
The Company expects sales to grow by 25% in 2023. Assets, costs, and accounts payable are proportional to sales. Depreciation, interest, long-term debt and notes payable will remain the same year over year and not increase at the 25% rate. The company expects to distribute 40% of earnings to shareholders ratio and pay taxes at a 21% rate. What is the external financing needed? Use the percentage of sales metIncome Statement and Balance Sheets
2022
Sales 287,318
COGS 220,396
Depreciation 10,913
EBIT 56,009
Interest 2,264
EBT 53,745
Taxes 11,286
Net income 42,259
Dividends 16,000
2,021202220212022
Cash 6,3587,866 Accounts payable 4,8805,381
Accounts receivable 9,24811,445 Notes payable 4,1574,908
Inventory 14,58029,641 Current liabilities 9,03710,289
Current assets 30,18648,952 Long-term debt 32,10040,000
Fixed assets 90,361107,206 Owners' equity 79,410105,869
Current assets 120,547156,158 Total liabilities and owners' equity 120,547156,158
MY ANSWER (WHICH IS WRONG):
2022
Cash 7,866
Accounts receivable 11,445
Accounts payable 5,381
Fixed assets 107,206
Cost of goods sold 220,396
Net income 42,259
Percentage of each account
(Account/total sales)*100%
Cash 2.737733104
Accounts receivable 3.983391225
Accounts payable 1.872837762
Fixed assets 37.31266402
Cost of goods sold 76.70803778
Net income 14.70809347
Forecasted sales = current sales(1+growth rate/100)
Current Sales $287,318.00
Expected sales growth rate 0.25
Assumed sales $359,147.50
Forecast = percentage for account * assumed sales thodd
2023
Cash $983,250.00
Accounts receivable $1,430,625.00
Accounts payable $672,625.00
Fixed assets $13,400,750.00
Cost of goods sold $27,549,500.00
Net income $5,282,375
Calculation of external financing need
Current net income (2022) $42,259.00
Forecasted net income (2023) $5,282,375.00
Additional funds $5,240,116.00.00
No other additional information

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