East Coast Yachts Inc. Balance Sheet (2018-12-31)

Assets ($)			Liab & Equity ($)
Cash	3,042,000		A/P	2,190,000
A/R	5,473,000		N/P	2,694,000
Inv	6,136,000		L-T-D	38,000,000
NFA	93,964,000		C Stock	5,000,000
Total	108,615,000		Ret. E	60,731,000
			Total	108,615,000

You also have the following additional information:

• Sales in 2019 is expected to grow by 8%
• NFA in 2019 will only grow at 4%
• All other spontaneous CA and CL will grow at the same rate as sales
• Cash at end of 2019 is to be increased by $ 1,000,000 compared to end of 2018
• Retained earnings made at end of 2019 is expected to be $ 1,500,000
• The 2018 L-T-D/ TE ratio is optimal and should be maintained

What will be the expected Total Asset value at end of 2019?

What will be the expected Total Bank Loan (N/P) at the end of 2019?

What will be expected Total Common Shares value at the end of 2019?

How much additional long term debt in 2019 you will need to issue to finance the purchase of additional fixed assets?