Prepare a pro forma balance sheet (dollars and percentages) as of December 31, 2011, assuming that Anderson has instituted all actions described in questions 1, 2, 3, and 4, and that the funds generated have been used to build a new plant.

(Assume that long-term debt and stockholders’ equity at the end of 2011 remain the same as at the end of 2010. In other words, no new long-term debt is issued or old long-term debt retired, and all net income after taxes is paid out in common stock dividends. Also assume that net fixed assets, except for the new plant, remain unchanged during 2011. Finally assume that notes payable remain unchanged during 2011.) Hint: The total amount of funds generated from the reduction of current assets and the increase in current liabilities determined in questions 1, 2, 3, and 4 is

$7.5 million (rounded to the nearest $1,000). Round all figures to the nearest $1,000.