EMM, Inc. has the following balance sheet: EMM, Incorporated Balance Sheet as of 12/31/X0 Assets Liabilities and Equity Cash $ 1,440 Accounts payable Accounts receivable 6,480 Bank note payable $ 4,410 3,110 Inventory Long-term assets 5,400 4,400 $17,720 Equity 10,200 $17,720 a. If the firm expects sales to rise from $18,000 to $21,000, what are the forecasted levels of accounts receivable, accounts payable, and inventory? Round your answers to the nearest dollar. Accounts receivable: $ Inventory: $ Accounts payable: $ b. Will the expansion in accounts payable cover the expansion in inventory and accounts receivable? Round your answers to the nearest dollar. The expansion in accounts payable of $ -Select- the total expansion in inventory and accounts receivable, which is $ c. If the firm earns 14 percent on sales after taxes and retains all of these earnings, what is the firm's forecasted equity? Round your answer to the nearest dollar. d. Construct a new balance sheet that incorporates the issuing of additional short-term debt to cover any needs for additional finance. If the firm has excess funds, add them to cash. Round your answers to the nearest dollar. EMM, Incorporated Balance Sheet as of 12/31/X1 Assets Cash Liabilities and Equity Accounts payable $ Accounts receivable Bank note payable Inventory Long-term assets Equity $