Jim's Espresso expects sales to grow by 9.9% next year. Assume that Jim's pays out 81.8% of its net income. Use the following statements and the percent of sales method to forecast: a. Stockholders' equity b. Accounts payable The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. a. Stockholders' equity Data table The new stockholders' equity will be $. (Round to the nearest dollar.) b. Accounts payable Click on the icons located on the top-right corners of the data tables below to copy their contents into a spreadsheet The forecasted accounts payable will be $ (Round to the nearest dollar.) . $196,920 Balance Sheet Assets Cash and Equivalents $15,000 Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT (100,640) $96,280 (6,050) $90,230 Accounts Receivable Inventories Total Current Assets Property, plant, and Equipment Total Assets 2,000 3,930 $20,930 Interest Expense (net) (210) 9.940 $30,870 Pre-tax Income Income Tax Net Income $90,020 (31,507) $58,513 Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity $1,430 4,010 $5,440 25,430 $30,870