Pro forma balance sheet. Next year, National Beverage Company will increase its plant, property, and equipment by $4,073,000 with a plant expansion. The inventories will grow by 25%, accounts receivable will grow by 17%, and marketable securities will be reduced by 54% 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? Data Table Balance Sheet for the Year Ending December 31, 2013 National Beverage Company Pro Forma Balance Sheet for the Year Ending December 31, 2014 LIABILITIES ASSETS LIABILITIES ASSETS Current assets Cash Current assets $ $ Current liabilities 5,600,000 Cash $ $ Marketable securities $ $ 3,252,000 Accounts payable Other current liabilities Marketable securities $ $ Accounts receivable $ 8,852,000 Accounts receivable $ Total current liabilities $ Inventories $ Inventories $ $ Total current assets Long-term liabilities Current liabilities 2,463,000 Accounts payable 1,655,000 Other current liabilities 2,746,000 Total current liabilities 1,664,000 Long-term liabilities 8,528,000 Long-term debt Other long-term liabilities 13,659,000 Total long-term liabilities 1,463,000 Total liabilities 6,480,000 OWNERS' EQUITY 21,602,000 Common stock $ 1,302,000 Total current assets $ $ $ Long-term assets 2,827,000 Long-term debt Other long-term liabilities $ Long-term assets $ Plant, property, and equipment $ 4,129,000 $ Total long-term liabilities $ Goodwill $ $ 12,981,000 Plant, property, and equipment Goodwill $ Total liabilities $ Intangible assets $ Intangible assets $ OWNERS' EQUITY Total long-term assets $ $ 6,811,000 Retained earnings $ Total long-term assets $ Common stock 10,338,000 Retained earnings $ Total owners' equity $ 17,149,000 Total owners' equity $ TOTAL LIABILITIES AND TOTAL ASSETS $ 30,130,000 OWNERS' EQUITY $ 30,130,000