Refine Assumptions for Dividend and Retained Earnings Forecast PLC. \begin{tabular}{|l|r|} \hline Income from operations before income taxes & 3,892 \\ \hline Provision for income taxes & 739 \\ \hline Net income & $3,153 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|} \hline Other assets & 1,559 & 1,737 \\ \hline Total assets & $99,584 & $106,487 \\ \hline Current liabilities & & \\ \hline Short-term borrowing & $894 & $2,335 \\ \hline Accounts payable & 1,709 & 1,610 \\ \hline Accrued compensation & 1,712 & 1,611 \\ \hline Accrued income taxes & 566 & 935 \\ \hline Deferred tax liabilities & 2,185 & 119 \\ \hline Other accrued expenses & 7,066 & 9,074 \\ \hline Total current liabilities & 30,247 & 33,752 \\ \hline Long-term debt & 1,759 & 1,535 \\ \hline Long-term accrued compensation & 2,903 & 2,476 \\ \hline Long-term accrued income taxes & 3,729 & 4,700 \\ \hline Long-term deferred tax liabilities & 1,916 & 1,819 \\ \hline Other long-term liabilities & 47,620 & 53,356 \\ \hline Total liabilities & & \\ \hline Shareholders' equity & - & \\ \hline Ordinary shares & 53,832 & 54,315 \\ \hline Retained earnings & (1,868) & (1,184) \\ \hline Accumulated other comprehensive (loss)/income & 51,964 & 53,131 \\ \hline Total shareholders' equity & & \\ \hline \end{tabular} a. Use the financial statements along with the additional information below to forecast retained earnings for FY2017. Forecasted retained earnings 4 million b. Suppose the MD\&A section of the Form 10-K and additional guidance from the company reveals the following addition At FY2016 year-end (April 29, 2016), the company had approximately 1.400 million shares issued and outstanding. Use th Forecasted retained earnings 9 million b. Suppose the MD\&A section of the Form 10-K and additional guidance from the company reveals the following additional At FY2016 year-end (April 29. 2016), the company had approximately 1.400 million shares issued and outstanding. Use this Forecasted retained earnings: million