4. Let's anticipate the financial position of the business in the next year of operation. Extend the financial statements through 2016, assuming (1) the expected revenue growth is 30%%, as predicted by Bob Brown on page 129; (2) Depreciation expense and capital expenditures are $46,000 and $75,000, respectively, as estimated by Maggie Brown in footnote 4 on page 129; and (3) the percent of sales approach provides a reasonable forecast of all operating expenses, all current assets (except cash) and all current liabilities. The cash balance will be the amount required to "plug" the balance sheet (i.e. make it balance): Specifically, cash equals (Curr. lieb. + Net worth) - (Accounts receivable + Inventory + Other current assets + Net fixed assets). A negative cash balance implies that the Browns need to either seek external financing or scale down their business plan