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Pro forma balance sheet-Basic Leonard Industries wishes to prepare a pro forma balance sheet for r gathered. (1) A minimum cash balance of $49,800 is desired. (2) Marketable securities will remain unchanged. (3) Accounts receivable represent 9.6% of sales. (4) Inventories represent 11.7% of sales. (5) Leonard will acquire a new machine costing $89,500. Total depreciation for the year will be $31,500. (6) Accounts payable represent 14.1% of sales. (7) Accruals, other current liabilities, long-term debt, and common stock will remain unchanged. (8) The firm's net profit margin is 3.8%, and it expects to pay out $70,400 in cash dividends next year. (9) The most recent balance sheet follows Pro forma balance sheet-Basic Leonard industries wishes to prepare a pro forma balance sheet for next yeac. Tho firm expects sales to total $3,000,000 : The following information has been gathered (1) A minimum cash batance of $49,800 is desired. (2) Marketable securities will remain unchanged. (3) Accounts recelvable represent 9.6% of sales. (4) invertories represent 11.7\% of sales. (5) Leonard will acquire a new machine costing $89,500. Total depreciabion for the year will be $31,500. (6) Accounts payable represent 14.1% of sales. (7) Accruals, other current labilies, long-term deff, and common stock will reman inchanged, (8) The firmis net profit margin is 3.8%, and it expects to pay out $70,400 in cash dividonds next year. (9) The most recent balance shoet follows Complese the assets part of the pro forma balance sheet for Leonard industries below: (Round to the nearest dollaf)