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 liabilities will remain at their current proportion of sales.

Last year Zapatera had $11\mathrm{.}27$ million in sales with net income of $1\mathrm{.}15$ million. The firm anticipates that next year$$s sales will reach $14\mathrm{.}83$ million with net income rising to $2\mathrm{.}01$ million. Given its present rate of growth, the firm retains all of its earnings to help defray the cost of new investments.

Estimate Zapater$$s total financing requirements $($total assets$)$ and its net funding requirements $($discretionary financing needed$)$ for $2014.$ Note: Use the percentage of sales in Zapatera Enterprises$$ balance sheet for $2013.$ Hint: Make sure to round all intermediate calculations to at least five decimal places.

Complete the pro forma balance sheet for $2014$ below