Next year, National Beverage Company will increase its Plant, Property, and Equipment (PPE) by $4,000,000 with a plant expansion. The inventories will grow by 30%, accounts receivable will grow by 20%, and marketable securities will be reduced by 50% to help finance the expansion. If all other asset accounts remain the same and long-term debt will be used to finance the remaining costs of the expansion (no change in common stock or retained earnings), prepare a pro forma balance sheet for 2010. How much additional debt will be estimated using this pro forma balancesheet?

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National Beverage Company Balance Sheet for the Year Ending 2009 Current Assets Cash Marketable Securities Accounts Receivable Inventories Total Current Assets $2,440,000 1,656,000 2,704,000 1.641.000 S 8,441,000 Long-term Assets Plant, Property & Equip. S13,686,000 Goodwill Intangible Assets Total Long-term Assets 1.403,000 6.433.000 21522.000 9.963.000 TOTAL ASSETS Current Liabilities Accounts Payable Other Current Liabilities S 3.268.000 Total Current Liabilities S 5,622,000 S 8,890,000 Long-term Liabilities Long-Term Debt Other Long-term Liab. S2,839,000 Total Long-Term Liabilities S1,314,000 $ 4.153.000 $13,043,000 TOTAL LIABILITIES Owners Equity Common Stock Retained Earmings S 6,861,000 $10,059,000 TOTAL OWNERS EQUITY TOTAL LIABILITIES & OWNER'S EQUITY S29,963.000 $16,920,000