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Projected Spontaneous Liabilities Smiley Corporation's current sales and partial balance sheet are shown below. Sales Balance Sheet: Liabilities Accounts payable Notes payable Accruals Total current

Projected Spontaneous Liabilities
Smiley Corporation's current sales and partial balance sheet are shown below.
Sales
Balance Sheet: Liabilities
Accounts payable
Notes payable
Accruals
Total current liabilities
Long-term bonds
Total liabilities
Common stock
Retained earnings
Total common equity
Total liabilities & equity
This year
$10,000
$1,500
$2,500
$1,600$5,600
$2,000$7,600
$1,000
$3,000$4,000
Sales are expected to grow by 12% next year. Assuming no change in operations from this year to next year, what are the projected
spontaneous liabilities? Do not round intermediate calculations. Round your answer to the nearest dollar.
$
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