Please assist with this question. I understand the policy of only one question per post. However, this is a complex question with multiple pieces. Please answer what is acceptable and then let me know which portion of the question I will need to open a separate or even multiple forums for. Thank you in advance for your assistance with this.

Financing Deficit Garlington Technologies Inc.'s 2019 financial statements are shown below: Income Statement for December 31, 2019 Sales $4,000,000 3,200,000 Operating costs EBIT $ 800,000 120,000 Interest Pre-tax earnings $ 680,000 Taxes (25%) 170,000 Net income 510,000 Dividends $ 190,000 Balance Sheet as of December 31, 2019 Cash $ 160,000 Accounts payable $ 360,000 Receivables 360,000 Line of credit 0 Inventories 720,000 Accruals Total CA $1,240,000 Total CL Fixed assets 4,000,000 Long-term bonds 200,000 $ 560,000 1,000,000 1,100,000 2,580,000 Total Assets $5,240,000 Common stock RE Total L&E $5,240,000 Suppose that in 2020 sales increase to $4.8 million and that 2020 dividends will increase to $240,000. Forecast the financial statements using the forecasted financial statement method. Assume the firm operated at full capacity in 2019. The long-term bonds have an interest rate of 13%. New financing will be with a line of credit. Assume it will be added at the end of the year. Cash does not earn any interest income. Enter your answers as positive values. Do not round intermediate calculations. Round your answers to the nearest dollar. Garlington Technologies Inc. Pro Forma Income Statement December 31, 2020 Sales $ Operating costs $ $ EBIT $ Interest #t Pre-tax earnings #+ Taxes (25%) $ Net income A A Dividends: $ Addition to RE: Garlington Technologies Inc. Pro Forma Balance Statement December 31, 2020 Cash $ Receivables Inventories $ Total current assets $ Fixed assets $ Total assets $ Accounts payable $ Line of credit $ Accruals Total current liabilities #1 LT bonds $ $ Common stock $ Retained earnings $ Total L&E $