Pro forma balance sheet. Next year, National Beverage Company will increase its plant, property, and equipment by $4,033,000 with a plant expansion. The inventories will grow by 27%, accounts receivable will grow by 21%, and marketable securities will be reduced by 50% to help finance the expansion. Assume all other asset accounts will remain the same and the company will use long-term debt to finance the remaining expansion costs (no change in common stock or retained earnings). Using this information and the balance sheet in the popup window, for National Beverage Company for 2013, prepare a pro forma balance sheet for 2014. How much additional debt will the company need using this pro forma balance sheet? Complete the pro-forma balance sheet for 2014 below: (Round to the nearest dollar.) National Beverage Company Pro Forma Balance Sheet for the Year Ending December 31, 2014 LIABILITIES ASSETS Current assets Current liabilities Cash Accounts payable Marketable securities S Other current liabilities S Accounts receivable S Total current liabilities $ Inventories S Total current assets $ Long-term liabilities Long-term debt Other long-term liabilities S Long-term assets $ S $ Plant, property, and equipment Goodwill Total long-term liabilities Total liabilities OWNERS' EQUITY $ Intangible assets $ Total long-term assets $ S Common stock Retained earnings Total owners' equity $ TOTAL LIABILITIES AND TOTAL ASSETS OWNERS' EQUITY Balance Sheet for the Year Ending December 31, 2013 LIABILITIES ASSETS Current assets Cash $ $ 5,635,000 3,206,000 $ $ Marketable securities Accounts receivable Inventories $ $ 8,841,000 $ Total current assets $ $ Current liabilities 2,457,000 Accounts payable 1,665,000 Other current liabilities 2,702,000 Total current liabilities 1,666,000 Long-term liabilities 8,490,000 Long-term debt Other long-term liabilities 13,659,000 Total long-term liabilities 1,412,000 Total liabilities 6,473,000 OWNERS' EQUITY 21,544,000 Common stock Retained earnings Total owners' equity 1,365,000 2,830,000 $ Long-term assets Plant, property, and equipment Goodwill $ $ 4,195,000 $ $ $ 13,036,000 Intangible assets $ Total long-term assets $ $ $ 6,810,000 10,188,000 16,998,000 $ TOTAL LIABILITIES AND TOTAL ASSETS $ 30,034,000 OWNERS' EQUITY $ 30,034,000