2) Allen Products has the following balance sheet for December 31, 2020. Fixed and current assets are fully utilized and will grow in lines with sales, and the sales/assets and sales/spontaneous liabilities ratios will remain constant. Depreciation expense will be $1,000 for 2021. If the firm requires additional funding, they will do that through their line of credit. Produce their pro forma and determine how much will they need to borrow (if any)? (50 points) Balance Sheet - Pro Forma Allen Products Inc. Pro Forma 2021 Calculation Cash Gross Fixed Assets Accumulated Depreciation Net fixed assets 12/31/2020 5,000 11,000 (1,000) 10,000 15,000 Total assets 1,000 1,000 Accounts Payable Accruals Line of Credit Long-term debt Common equity Retained Earnings Total L&OE 5,000 6,000 2,000 15,000