Data for CW Corporation (for the year 2021): Marketable Securities = PHP 100,000, Net Fixed Assets = PHP 2,000,000, Long-term Debt = PHP 1,000,000, Common Stock = PHP 100,000, Retained Earnings = PHP 1,760,000. Other information (for the year 2022): Sales are forecasted to be PHP 6,000,000. The following will be computed as a percentage of sales: Accounts Receivable = 10%, Inventories = 20%, Accounts Payable = 15%, Accruals = 15%, Other Current Liabilities = 10%, Net Profit Margin = 10%. The following will have no changes: Long-term Debt & Common Stock. The firm would like to have PHP 240,000 in Cash. Marketable Securities will increase by 10%. It will invest PHP 750,000 in fixed assets. Depreciation for 2022 is expected to be PHP 195,000. It will pay 70% of its Net Income After Taxes in dividends. Construct its forecasted balance sheet for 2022.