Please answer these questions and explain how

Dahlia Colby, CFO of Charming Florist Ltd., has created the rm's pro forma balance sheet for the next scal year. Sales are projected to grow by 20 percent to $330 million. Current assets, xed assets, and short-term debt are 15 percent, 75 percent, and 5 percent of sales, respectively. Charming Florist pays out 25 percent of its net income in dividends. The company currently has $126 million of long-term debt and $54 million in common stock par value. The prot margin is 16 percent. a. Construct the current balance sheet for the rm using the projected sales gure. (Do not round intermediate calculations and enter your answers in dollars. not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) Balance Sheet Accumulated retained earnings Total assets Total liabilities and equity b. Based on Ms. Colby's sales growth forecast, how much does Charming Florist need in external funds for the upcoming fiscal year? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) External financing neededc-1. Construct the firm's pro forma balance sheet for the next fiscal year. (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) Balance Sheet Assets Liabilities and equity Total equity Total assets Total liabilities and equityc-2. Calculate the external funds needed. (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) External financing needed