Total liabilities and common equity are wrong.

(Financial forecasting) Zapatera Enterprises is evaluating its financing requirements for the coming year. The firm has only been in business for one year, but its CFO predicts that the firm's operating expenses, current assets, net fixed assets, and current liabilties will remain at their current proportion of sa'es. Last year Zapatera had $12.96 million in sales with net income of $1.21 million. The firm anticipates that next years sales will reach $14.35 million with net income rising to $2.02 million. Given its present high rate of growth, the firm retains all of its eamings to help defray the cost of new investments. The firm's balance sheet for the year just ended is as follows: given in Zapatera Enterprises balance sheet for 2013 Hint: Make sure to round all intermediate calculations to at least five decimal places. The 2014 retained eamings are $ 3,420,000. (Round to the nearest dollar.) Complete the pro forma balance sheet for 2014 below: (Round to the nearest dollar.) Zapatera Enterprises, Inc Pro forma Balance Sheet 12/31/14 3,321,759 6,643,519 Current assets Net fixed assets Enter any number in the edit fields and then click Check Answer Check Answer Clear All remaining (Financial forecasting) Zapatera Enterprises is evaluating its financing requirements for the coming year. The firm has only been in business for one year, but its CFO predicts that the firm's operating expenses, current assets, net fixed assets, and current liabilties will remain at their current proportion of sa'es. Last year Zapatera had $12.96 million in sales with net income of $1.21 million. The firm anticipates that next years sales will reach $14.35 million with net income rising to $2.02 million. Given its present high rate of growth, the firm retains all of its eamings to help defray the cost of new investments. The firm's balance sheet for the year just ended is as follows: given in Zapatera Enterprises balance sheet for 2013 Hint: Make sure to round all intermediate calculations to at least five decimal places. The 2014 retained eamings are $ 3,420,000. (Round to the nearest dollar.) Complete the pro forma balance sheet for 2014 below: (Round to the nearest dollar.) Zapatera Enterprises, Inc Pro forma Balance Sheet 12/31/14 3,321,759 6,643,519 Current assets Net fixed assets Enter any number in the edit fields and then click Check Answer Check Answer Clear All remaining