Please solve question B-2 and C

Problem 3-13 External Funds Needed The Optical Scam Company has forecast sales growth of 20 percent for next year. The current financial statements are shown here: Income Statement Sales $30,500,000 Costs 26,453,000 Taxable income Taxes $4,047,000 1,416.450 Net Income $2,630.550 $1052220 Dividends Addition to retained esmings 1.578,330 Current assets Assets $ 7.200,000 Biance Sheet Liabilities and Owners' Equity Accounts payable $ 6,405,000 Long-term debe 2,440,000 Fixed assets 17,495,000 Common stock Accumulated retained earning $ 5,570,000 10,290,000 Total equity $15,860,000 Total assets S 24705.000 Totallibilities and equity 24705,000 .. 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) Answer is complete and correct. External francing readed 15 1,766.004 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.g.32) Aasets Current sects IS $ Fbunda Answer is complete and correct. Balance Shest Labies and equity 8,662.000 Accounts payable 20,994.000 Long-term att Common stock Accumulated retained eaming Total equity 29,648.000 Total ties and equity $ 7,686,000 2440.000 5,570.000 12,182.000 17,753.996 27,879.996 Total 19 $ b-2. Calculate external financing needed. Do not round intermediate calculations and round your answer to the nearest whole dollar amount, eg.. 32.) Answer is complete but not entirely correct. Etema Tancing $ nooded 1,776,004 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... 32.16.) Sustainable growth rate Problem 3-13 External Funds Needed The Optical Scam Company has forecast sales growth of 20 percent for next year. The current financial statements are shown here: Income Statement Sales $30,500,000 Costs 26,453,000 Taxable income Taxes $4,047,000 1,416.450 Net Income $2,630.550 $1052220 Dividends Addition to retained esmings 1.578,330 Current assets Assets $ 7.200,000 Biance Sheet Liabilities and Owners' Equity Accounts payable $ 6,405,000 Long-term debe 2,440,000 Fixed assets 17,495,000 Common stock Accumulated retained earning $ 5,570,000 10,290,000 Total equity $15,860,000 Total assets S 24705.000 Totallibilities and equity 24705,000 .. 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) Answer is complete and correct. External francing readed 15 1,766.004 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.g.32) Aasets Current sects IS $ Fbunda Answer is complete and correct. Balance Shest Labies and equity 8,662.000 Accounts payable 20,994.000 Long-term att Common stock Accumulated retained eaming Total equity 29,648.000 Total ties and equity $ 7,686,000 2440.000 5,570.000 12,182.000 17,753.996 27,879.996 Total 19 $ b-2. Calculate external financing needed. Do not round intermediate calculations and round your answer to the nearest whole dollar amount, eg.. 32.) Answer is complete but not entirely correct. Etema Tancing $ nooded 1,776,004 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... 32.16.) Sustainable growth rate