4.For the current year sales are $1,400,000, current assets are $101,524, and current liabilities are $85,265.If sales are forecasted to increase 12% next year, and all current assets and current liabilities vary proportionally with sales (i.e. they are spontaneous items), what is the forecasted amount of net working capital next year?

$16,259

$18,210

$18,373

$18,535

5.Salary expense was 15.5% of sales this year.If sales this year are $1,300,000 and are forecasted to be $1,500,000 next year, what is forecasted salary expense next year if all expenses maintain a constant percent of sales?

$232,500

$210,500

$31,000

$20,000

Please show some work and provide an explanation to back up the solution you have chosen. Thanks