Not sure if my numbers are right they could be wrong with what I have so far please show work.

(1) The percents of sales for items that vary directly with sales are as follows: Accounts receivable: 12.1%, Inventory; 17.6%; Accounts payable, 14.1%; Net profit margin, 2.6%. (2) Marketable securities and other current liabilities are expected to remain unchanged. (3) A minimum cash balance of $484,000 is desired. (4) A new machine costing $645,000 will be acquired in 2020, and equipment costing $851,000 will be purchased in 2021. Total depreciation in 2020 is forecast as $293,000, and in 2021 $386,000 of depreciation will be taken. (5) Accruals are expected to rise to $503,000 by the end of 2021. (6) No sale or retirement of long-term debt is expected. (7) No sale or repurchase of common stock is expected. (8) The dividend payout of 50% of net profits is expected to continue. (9) Sales are expected to be $11.8 million in 2020 and $12.0 million in 2021. (10) The December 31, 2019, balance sheet is here : a. Prepare a pro forma balance sheet dated December 31, 2021. b. Discuss the financing changes suggested by the statement prepared in part (a). a. Prepare a pro forma balance sheet dated December 31, 2021. Complete the assets part of the pro forma balance sheet for Peabody & Peabody for December 31, 2021 below. (Round to the nearest dollar.) Leonard Industries Balance Sheet December 31, 2019 Assets Liabilities and Stockholders' Equity Cash $399,000 Accounts payable Marketable securities 203,000 Accruals Accounts receivable 1,204,000 Other current liabilities Inventories 1,798,000 Total current liabilities Total current assets $3,604,000 Long-term debt Net fixed assets 4,002,000 Common stock Total liabilities and Total assets $7,606,000 stockholders' equity $1,398,000 395,000 80,100 $1,873,100 2,012,900 3,720,000 $7,606,000 Pro Forma Balance Sheet Peabody & Peabody December 31, 2021 Liabilities and stockholders' equity Current liabilities Accounts payable $ 1692000 Amarrala 52nnnl 503000 801000 2996000 Accruals $ Other current liabilities Total current liabilities $ Long-term debt Total liabilities $ Common stock and Retained Earnings $ $ 2012900 5008900 $ External funds required Total liabilities and stockholders' equity $