Smiley Corporation's current sales and partial balance sheet are shown below. This year Sales $ 10,000 Balance Sheet: Liabilities Accounts payable $ 2,000 Notes payable $ 2,500 Accruals $ 1,000 Total current liabilities $ 5,500 Long-term bonds $ 2,000 Total liabilities $ 7,500 Common stock $ 1,000 Retained earnings $ 2,000 Total common equity $ 3,000 Total liabilities & equity $ 10,500 Sales are expected to grow by 14% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities? Do not round intermediate calculations