Given the pro forma income statement, what would be Trapezoids projected shareholders equity for Dec. 31, 2015? Assume a dividend payout ratio of 25% and no new issues of equity. What would be Trapezoids projected Net fixed assets for Dec. 31, 2015. Assume capital expenditures of $200 for 2015, and no sale or disposal of assets.

Trapezoid Corporation Balance Sheet Income Statement actual Dec. 31, 2014 pro forma 2015 1,000 Current assets 800 Current liabilities 400 Sales 600 Net fixed assets 1,000 Long-term liabilities 1,100 COGS 100 Total assets 1,800 Shareholders' equity 300 Operating exp 100 Total liab. & equity 1,800 Depreciation exp EBIT 200 50 Interest exp. 50 Taxes 100 Net income