ebook Video Long-Term Financing Needed At year-end 2021, Wallace Landscaping's total of which are used in operations were 12.05 million, and accounts payable were $60.000 Sales which in 2021 were 12.1 million, we expected to increase by 20% in 2022. Total assets and accounts payable are proportional to sales, and that relationship will be maintained Wallace typically uses no current abilities other than accounts payable common stock mounted to $530,000 in 2012, and are earnings were $260,000. Wallace has arranged to sell $100,000 of new common stock in 2022 to meet someonanongThe remainder of Tinancing needs will be met by issuing new long-term debit at the end of 2022. (ecause the debate theme of the year, there will be non Interest expense due to the new debt.) ist profit margin on sale it, and 60s of earnings will be paid out as dividende 1. What was Wallace's total long term det in 2021? Do not round armediate calculation Enter your answer in dollars for sale of 2 should be entered s 2,000,000 Round your answer to the nearest doar 5 What were Wallace's totalities in 20217 Do not round Intermediate actions trter your answer in der Forecampion should be entered 3,000,000 Hound your answer to the nearest do . How much new long term det financing will be needed in 2002 ANNew stock long termen dermedades Enter your answer in otrs. tor example, an answer of Sition shoulderred 2,000,000. Round your heart door C. Wakating De van Probleemid Gracing MacBook Pro os wo $ 4 24 6 7 8 o 3 ) 1 O 1 P U T Y R E e K J L : : H G D F > A. B N M V. V 2 90 command option 10