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Financing Deficit Garington Techologies Inc:'s 2021 financiat statements are shown below: Income statement for December 31, 2021 Balance sheet as of December 31,2021 Suppose that

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Financing Deficit Garington Techologies Inc:'s 2021 financiat statements are shown below: Income statement for December 31, 2021 Balance sheet as of December 31,2021 Suppose that in 2022 sales increase to $4.8 million and that 2022 dividends wil increase 105160,000 , Forecast the financiat statements using the forccasted financial statement method. Assume the firm operated at full capacty in 2021 . The long-term bonds have an interest rote of 9%. New financing will be with a linet of onedit. Aswime it wia be obded at bie end of the year. Cash does not earn any interest income. Enter your answers as poutive values. Oo not round intecmediate caiculations. Round vour answers to the nearest doitar. Garlington Technologies Inc. Pro forma Income statement neremher 31 jons Garlington Technologies Inc. Pro Forma Income Statement December 31, 2022 Garlington Technologies Inc. Pro Forma Balance Statement December 31.2022 Garlington Technologies Inc. Pro Forma Balance Statement December 31,2022

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