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Please show all the steps. Use the following information and the percent-of-sales method to answer the following question(s). Below is the 2021 year-end balance sheet

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Please show all the steps. Use the following information and the percent-of-sales method to answer the following question(s). Below is the 2021 year-end balance sheet for Banner, Inc. Sales for 2021 were $1,600,000 and are expected to be $2,000,000 during 2022. In addifion, we know that Banner plans to pay $90,000 in 2022 dividends and expects projected net income of 4% of sales. (For consistency with the answer selections provided, round your forecast percentages to two decimals.) Calculate: a. Banners projected current assets for 2022 b. Banners projected fixed assets for 2022 c. Banner's projected accounts payable balance for 2022 d. Banners projected accrued expenses for 2022 e. Banners projected long term debt for 2022 f. Banner's projected retained earnings for 2022 g. Banners projected discretionary financing needed for 2022

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