this one question (chegg policy is answer one question fully)

Intro Model Corp.'s most recent balance sheet and income statement are given below (all numbers in $ million): Assets Cash Accounts receivable Inventory Current assets Machinary Total assets 38 76 114 228 152 380 Liabilities and Equity Accounts payable 114 Current liabilities 114 Long-term debt Total liabilities 266 Equity Total liab. & equity 380 114 Income statement Sales Costs Depreciation EBIT Interest 6.08 Taxable income 7.92 Taxes 2.693 Net income 5.23 Sales, assets and costs (including depreciation) are expected to grow by 26% next year, while the tax rate and long-term debt will stay constant. The company pays out 50% of net income as dividends. Part 1 - Attempt 2/10 for 9 pts. Part 1 IB. Attempt 2/10 for 9 pts. Using the percentage of sales method, what will be the net income next year (in $ million)? 1+ decimals Submit Part 2 B Attempt 110 for 10 pts. Using the percentage of sales method, what will be the book value of equity next year (in $ million)? No decimals Submit Part 3 B Attempt 1/10 for 10 pts. What is the external financing needed (EFN) for next year (in $ million)? No decimals Submit