Question 1 Company XYZ has shown you their Balance Sheet and asked you to build a ProForma Balance Sheet. You will find key variables needed for this estimation just below the Balance Sheet. Your answers should be given to two decimal places Balance Sheet for Company XYZ, Inc. Common Size ProForma Current Assets: Cash Accounts Receivable $155,000.00 $805,000.00 $500,000.00 $1,460,000.00 $6,250,000.00 $7,710,000.00 2.01% 10.44% 6.49% 18.94% 81.06% 100.00% Inventoy Total Current Assets Total Fixed Assets Total Assets Current Liabilities: Notes Payable $108,000.00 1.40% Next Year's Estimated Sales $8,950,000.00 Next Year's COGS Estimate $7,250,000.00 Current Receivables Period Current Inventory Period Current Payables Period New Capital Expenditures $150,000.00 $34.00 $26.20 $28.90