nnect shows what is correct and incorrect for the work you have completed so far he work you have done so far is correct, you may not have compieted everything 50.00 points Problem 4-2 Pro Forma Statements and EFN [LO1, 2] . Consider the following simplified financial statements for the Yoo Corporation (assuming no ncome taxes): Income Statement Sales Costs Balance Sheet S 6,450 Equity19,500 32,800Assets$25,950 Debt 26,290 Net income S 6,510 Total $25,950 Total $25,950 The company has predicted a sales increase of 12 percent. Assume Yoo pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not Prepare the pro forma statements. (Input all amounts as positive values. Do not round intermediate calculations and found your answers, to the nearest whole dollar amount.) Pro forma balance sheet 29064 Debt Pro forma income stalement Sales Costs 36736 Assets 29445 C 6450 O 19500 Equity Net income sf-7291 0 Total What is the exdemal financing needed? (Do not round intermediate calcelations. Negative amount should be indicated by a tninus sign.) Exteinal fnancing needed 3114