The balance sheet of Fern Ltd. appears below: Fern Ltd. Balance Sheet December 31, 2022 Cash Accounts Receivables Inventory Net Fixed Assets Total Assets Accruals Accounts Payable Short term debt Long term debt Equity Total liabilities & Equity $'million 5 20 35 90 150 5 5 20 40 80 150 In 2022, Fern Ltd. had total sales of $120 million. The company's net profit for 2022 was $12 million and $3 million was paid out as dividends. The company is currently operating below full capacity and was considering a 60% increase in sales during 2023. Unfortunately, they are unable to raise the financing that would be required and as an alternative management has decided to determine the company's sustainable growth rate and use that as the basis for a proposal to the board of directors. b. Assuming that the company is able to raise these funds by way of a long-term loan, prepare the company's forecast balance sheet for the year ended December 31, 2023. (8 marks)