LARGE FIRM Simplified Income Statement Current Year (millions) Revenue (Sales) 125,650 Cost 110,800 Net Income 14,850 LARGE FIRM Simplified Balance Sheet ASSETS LIABILITIES & EQUITY Current Year (millions) Current Year (millions) Assets 990,500 Debt 871,640 Equity 118,860 Total Assets 990,500 Total Liabilities & Equity 990,500 Scenario: The statements above provide the firm's current financial information. The firm expects that next year their costs and assets will be proportional to sales, but debt and equity will not be proportional to sales. The firm also expects their sales to be $144,497,500 and they will norpay any dividends. What is the forecasted net income of the firm? O $18,847,500 $33,697,500 O $3,997,500 O $17,077,500 Scenario: The statements above provide the firm's current financial information. The firm expects that next year their costs and assets will be proportional to sales, but debt and equity will not be proportional to sales. The firm also expects their sales to be $144,497,500 and they will not pay any dividends. What is the forecasted total assets of the firm? Not enough information to determine. $1,007,577,500 O $1,139,075,000 O $1,005,350,000