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Gartington Technologles Inc.'s 2018 financial statements are shown below: Balance Sheet as of December 31,2018 Suppose that in 2019 sales increase by 10% dver 2018

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Gartington Technologles Inc.'s 2018 financial statements are shown below: Balance Sheet as of December 31,2018 Suppose that in 2019 sales increase by 10% dver 2018 sales and that 2019 dividends will increase to \$134,000. Forecast the financial statementi ushg the forecasted financial stotement method. Assume the firm operated at full capacity in 2018 . Use an interest rate of 14\%, and assume that any new debt will be added at the end of the vear (so forecast the interest expense based on the debe balance at the beginning of the year). Cash does not eam amy interest income- Assume that the all new debt will be in the form of a line of credt. Enter your anwwers as poselve values. Do not round intermediate caloulations. Round your armwers to the nearent dollar. Suppose that in 2019 sales increase by 10% over 2018 sales and that 2019 dividends wilf increase to $134,000. Forecast the financial statements using the forecasted financial statement method. Assume the firm operated at full capacity in 2018. Use an interest rate of 14%, and assume that any new debt will be added at the end of the year (so forecast the interest expense based on the debt balance at the beginoing of the year). Cash does not earn any interest income. Assume that the all new-debt will be in the form of a line of credit. Enter your answers as positive values. Do not round intermedate colculations. Round your answers to the nearest dollar: Garlington Technologles Ine. Pro Forma Balance statement statement method. Assume the firm operated at full capacity in 2018. Use an interest rate of 14%, and assume that any new debt will be added at the end of the year (so forec the interest expense based on the debt balance at the beginning of the year). Cash does not eam any interest income. Assume that the all new-debt will be in the form of a line credit. Enter your answers as positive values, Do not round intermediate calculations. Round your answers to the nearest dotlar. Garlington Technologies Inc. Pro Forma Balance Statement

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