Given the most recent financial statements for Target (FY2021). Sales for FY2022 are expected to grow by 3 percent. The following assumption must hold in the pro forma financial statements. The tax rate (percentage), the interest expense (39), and the dividend payout ratio (percentage) will remain constant. COGS, SGA, Depreciation, Cash, Inventory, Other Current Assets, Net PPE, and accounts payable and other current liabilities increase spontaneously with sales. Calculate the pro forma value of total assets for FY22, if the firm operates at full capacity and no new debt or equity is issued.

Target (TGT)
Numbers are in millions.
Income Statement			Balance Sheet
	FY2021			FY2021
Sales	106,005		Cash	5911
COGS	74,963		Inventory	13902
SGA	19,752		Other Current Assets	1760
Deprec.	2,344		Total Current Assets	21573
EBIT	8,946		Net PPE	32238
Interest Expense	39		Total Assets	53811
EBT	8,907
Taxes	1,961		Accounts Payable	15478
Net Income	6,946		Other CL	6098
			Current portion of LTD	171
Dividends	8,648		Total CL	21747
Add to RE	-1,702		Long-term Debt	19,237
			Total Liab.	40984
Shares out	488		Common Stock	6460
Price	$161.97		Retained Earnings	6367
Amortization	500		Total Equity	12827
			Total L and E	53811