3 parts

This question requires you to build a pro forma balance sheet and income statement for a company's first year in business based on the following assumptions. Use your proforma to answer questions a-c. a) What are total assets? b) If long term debt is $40,000 what are dividends? a) What are total assets? b) If long-term debt is $40,000 what are dividends? c) If dividends are zero what is long-term debt