Consider the following simplified financial statements for the Wims Corporation

$($assuming no income taxes$)$:

The company has predicted a sales increase of $12$ percent. It has predicted that every

item on the balance sheet will increase by $12$ percent as well.

Create the pro forma statements and reconcile them. What is the plug variable here?

Multiple Choice

$$24,384$

$$16,655$

$$16,642$

$$16,649$