Financing Deficit Garlington Technologies Inc.'s 2019 financial statements are shown below: Income Statement for December 31, 2019 Balance Sheet as of December 31, 2019 Suppose that in 2020 sales increase to $4.2 million and that 2020 dividends will increase to $154,000. Forecast the financial statements using the forecasted financial statement method. Assume the firm operated at full capacity in 2019. The long-term bonds have an interest rate of 10%. New financing will be with a line of credit. Assume it will be added at the end of the year. Cash does not earn any interest income. Enter your answers as positive values. Do not round intermediate calculations. Round your answers to the nearest dollar. Garlington Technologies Inc. Pro Forma Income Statement December 31, 2020 Sales Operating costs EBIT Interest Pre-tax earnings Taxes (25%) Net income Dividends: Addition to RE: Garlington Technologies Inc. Pro Forma Balance Statement December 31, 2020 Cash Receivables Inventories Total current assets Fixed assets Total assets Accounts payable Line of credit Accruals Total current liabilities LT bonds Common stock Retained earnings Total L\&E