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Smiley Corporation's current sales and partial balance sheet are shown below. This year Sales $ 10,000 Balance Sheet: Liabilities Accounts payable $ 1,000 Notes payable



Smiley Corporation's current sales and partial balance sheet are shown below.


This year
Sales $10,000 
Balance Sheet: Liabilities



Accounts payable
$1,000
Notes payable
$2,500
Accruals
$1,000
    Total current liabilities
$4,500
Long-term bonds
$2,000
    Total liabilities
$6,500
Common stock
$2,000
Retained earnings
$2,500
    Total common equity
$4,500
  Total liabilities & equity
$11,000

Sales are expected to grow by 8% 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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