4. Using the methodology outlined in Exhibits 11.12 and 11.13, forecast the financing items on next year’s balance sheet for PartsCo. Assume shortterm debt remains at $90 million, long-term debt remains at $210 million, no equity is raised, and the firm maintains the same dividend payout ratio as the current year. Use either newly issued debt or excess cash and marketable securities as the funding plug to balance the balance sheet. Your forecast should be consistent with the forecasts in Questions 2 and 3.