After making all your forecasts for next year, you are left with accounts payable that will be $$10,000$ higher than this year. Which implication does this have for the next year?

Select an answer:

Your payables have been incorrectly forecasted.

Your sales must increase by $$10,000$ over your forecast.

You will need an additional $$10,000$ in paid$-$in$-$capital.

Your retained earnings will be reduced by $$10,000.$