Question: 3. Problem 9-03 (Projected Spontaneous Liabilities) Projected Spontaneous Liabilities Smiley Corporation's current sales and partial balance sheet are shown below. Sales are expected to grow

3. Problem 9-03 (Projected Spontaneous Liabilities) Projected Spontaneous Liabilities Smiley Corporation's current sales and partial balance sheet are shown below. Sales are expected to grow by 8% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities? Do not round intermediate calculations. Round your answer to the nearest dollar

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